JAL
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3.51% 5.5¢ jameson resources limited

Hi all,Not a shareholder of Jal, but something I am...

  1. uniqque2008
    428 Posts.
    lightbulb Created with Sketch. 19
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    18/04/10
    14:46
    Post #: 6587620
    Hi all,

    Not a shareholder of Jal, but something I am considering.
    If I understand correctly there are a total of ~95 million shares out there fully diluted.
    Shares on issue (postplacement) 62.32m
    Options on issue 18.69m
    Performance Shares 15.00m

    Many calculations dont take performance shares into account.
    While I agree that share price is cheap provided production starts and is economically feasable.
    Nevertheless, cheap company with big discount to its assests in the ground.

    JAL Price at posting: 19.2¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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