JRL 11.8% $3.13 jindalee resources limited

Free money? As soon as I saw this ann. I bought.Do the maths....

  1. 3,497 Posts.
    lightbulb Created with Sketch. 4
    Free money?

    As soon as I saw this ann. I bought.

    Do the maths. The chairman said in 11/08 that a good proportion of the EME sale proceeds would be returned to holders.

    46.8M EME shares*$1.02/34M FD FPO's in JRL = $1.40 PER JRL SHARE.

    That's why JRL shares are good buying at under 90c right now.
 
watchlist Created with Sketch. Add JRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.