Well in my opinion the sale of Wallbrook has to be good. Andy Viner, in his presentation last month at the RUI conference stated that JAK wanted to sell Wallbrook to concentrate on other prospects and now they have done exactly that.
With extra money now to concentrate on Boolaroo, in particular, it should signal a move upwards in the share price, or at least not a downward trend.
We will see the market's view on the sale first thing in the morning - I wait with baited breath
JAK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held