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 .
JGL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held