JAL has a bank account of $0.98M (at end September).750,000 shares in WCR valued at $0.1M. No other assets. Its spending money on 'exploration' and admin at a rate of $0.5M per quarter. Will be out of cash by Feb 2011 at this rate. Despite a poor track record and no investor goodwill people are buying this in the hundreds of thousands each day, sometimes over a millions at a price about 3x the value of its ever shrinking asset pool. Hmm what will come of this exploring and what will/can they do if they find.
is there still life??, page-8
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.20M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51000 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 100000 | 1 |
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| JAL (ASX) Chart |
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