JRL 11.8% $3.13 jindalee resources limited

He must have confidence, because the stock is so tight that most...

  1. 24,765 Posts.
    He must have confidence, because the stock is so tight that most days you can't easily get out with any quantity (or get in.) Just 100,000 or so can even be a problem.

    I had a small play in the stock and had to sell down to take a minor profit when I wanted to switch to a more liquid stock.

    It's a spec that basically is not a trading stock. You cannot enter it with a stop loss and get out at that price due to lack of liquidity. That may not be everyone's cup of tea - particularly when there are market corrections.
 
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Currently unlisted public company.

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