JGL 0.00% 3.8¢ jackgreen limited

re research....B& B have only recently increased their holding....

  1. 1,362 Posts.
    re research....

    B& B have only recently increased their holding. They were founding members . JGL needed the cash ( B&B topped up at low 20c) as they are not cash flow positive. They are one year late in achieving a profit.

    The stock had reached a high of 51c before it collapsed due to admin problems that were not disclosed to shareholders until many months afterwards.

    Directors have been accumulating over the past year on dips .

    Yes the stock should be higher at 40c plus.

    However it will take a positive quarterly report to make it jump. I had sales rep in my estate only two weeks back. They said that customer conversions to JGL were great.

    Note the level of recent accumulation at low 30c .
 
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