just out! The company has reported that it's revenue is only $1.6 mill short of it's running costs this quarter - admittedly no improvement on the last quarter but if you read what they've written you'll understand clearly why that is the case (p*g's b*m!)
I can't understand why they slipped that news out after the market closed and in the shadow of their annual report.
And guess what - dow up 11% - jgl was the only share I own that went down today! The hype is not working fellas. You will never get into trouble for telling the truth and keeping shareholders informed. Spin is a great strategy in a rising market. But when the chips are down shareholders don't like being treated like mushrooms!
JGL Price at posting:
11.0¢ Sentiment: None Disclosure: Held