JAB International (JABI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : JAB International (JABI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dental-eye who wrote (1443)	11/22/1997 1:20:00 PM
From: Stevie	Read Replies (1) of 4571

Has anyone thought about why this stock is falling? They sold the rights to 1/2 of this entire company for 15 million Dollars. Right now..even at a per share price of 1 3/8 it has a stock market value of over 61 Million Dollars..seeing they have over 44 Million Shares outstanding. Even the 15 million is questionable ...as only 9 million is for sure with the rest being an option to buy. Personally..i didnt see this JV news as particulary good..given the above facts.. The stock running to 2 1/8th valued this company at almost Ninty Five Million Dollars.. When they had just sold 1/2 of it for 15 million. Sure hope some wise people sold at 2 1/8. Good Luck to all..and personally i would think twice about this investment at current prices.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next