JGL
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0.00% 3.8¢ jackgreen limited

My best guestimate is around 5 cents.Can't see anywhere near the...

  1. jtaylor1
    3,890 Posts.
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    02/12/09
    13:20
    Post #: 5992693
    My best guestimate is around 5 cents.

    Can't see anywhere near the issue price of 4 cents being hit because it was not a SPP but a small placement. 5 cents values the company at roughly $15mil. Using mid-EBIT of $5mil would give a very nice round 3 x figure which I am using as a rough guide.
    JGL Price at posting: 6.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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