JDR
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3.45% 3.0¢ jadar resources limited

IMO selling at 2.2c is very risky. 4.9m cash, EV less than 4m...

  1. hmatz
    395 Posts.
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    01/03/18
    10:29
    Post #: 31441720
    IMO selling at 2.2c is very risky. 4.9m cash, EV less than 4m and a lithium explorer. How much lower do they think they are going to get?

    But if people want to sell to try and buy back lower, let them sell. It is a risk they take in a free market. Makes no difference to the company real value, as they don't even need to raise capital at this stage.
    JDR Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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