Grant62, do you think it is strange that Jumbuck is amortizing development and wages costs? Shouldnt this be a straight out expense? Judging from your post you do not rate the company, could you maybe elaborate why you dont like the company?
Regardless JMB is very strong in a weak market. I think its important to take note of shares that go against the tide.
Revenue has been consistently growing month on month since floating, the company has no debt, and based on forecast net profit and a price of 45c, it is trading on a PE of less than 10. On top of that the share price is going up!
What are your thoughts Grant62?
JMB Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
