but the current market cap of JRL is only 29m dollars. Still undervalued.
The value of EME shares held by JRL is currently 45,162,000
The value of ALY shares held by JRL is currently 6,174,000
so...
45,162,000 + 6,174,000 = 51,336,000
Therefore market cap of JRL is at a discount of 22,336,000 dollars. It's price should be at least 1.57