JKA jacka resources limited

who is the broker for the cr

  1. 352 Posts.
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    Anyone know who the broker is for the CR. Assume it is Carmichaels again though their clients might be a touch sadder and wiser after having anted up 20 cents for the options exercise six months ago. Could it be that JKA is sufficiently confident about the outcome of HW3 that they are giving Carmichaels and their clients an opportunity to get some cash back? Or is that just wishfuil thinking?

    I would normally believe in these circumstances that the CR is little more than a cynical opportunistic grab for cash at a higher level inflated by the operator's comments on hydrocarbon shows before the well is announced is called a dud. But I also take into account that the operator's credentials are considerably better than those of say a Bounty Oil and GAs or MMR that do the same thing. And that Jacka is not calling the shots on how the drilling is reported so they can't be said to have manufactured data just made use of what they got from COE.
 
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