Timnea, a very sharp observation discovering JJ have bought in lately. The expert on this is a fellow poster named Vic. He should be able to fully answer your questions.
All I know is JJ started buying at the beginning of March, say six months ago, and it appears their average entry price is sub 40c, which if annualised at todays closing price suggests a paper profit of more than 100%. It must be said though, given their past record with other investments, harbouring a notion they want to sell CQT seems rather doubtful. Considering it's a mere 50% return on capital during this modest time frame.
Oddly enough, I tend to think they expect quite a bit more than just a few million dollars of paper profits. Once again though, you will have to seek out Vic for his sage advice
CQT Price at posting:
67.5¢ Sentiment: Hold Disclosure: Held
