JAL 0.88% 5.7¢ jameson resources limited

jal up 33%, page-4

  1. 1,413 Posts.
    lightbulb Created with Sketch. 11
    Great day today - big volume and decent rise. Very little sell depth, although that can change quickly as was shown yesterday (Wednesday) - when a capper entered.

    Nothing here at the moment, other than

    1. Shell, with working capital
    2. Very low market cap
    3. Decent management
    4. Extremely competent corporate advisors (Capital Investment Partners)
    5. Good financial backing and tight capital structure

    A decent deal/asset backed into this will see a re-rating, and possibly a considerable one.

    Still speculative and risk attached, but I've had a decent crack at it and expect solid returns.

    All in my opinion

    Regards

    Doyle
 
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