RE: Lag at 7.4p10 Apr 2024 09:58
Quite right Edzi -take the rough with the smooth, gamble on buying and selling or top slicing or whatever suits you. I do think you have to take into account your own personality in getting a good investment strategy. The downtrend is now broken as you say and an uptrend is in the offing, successive higher lows and higher highs. We need higher lows (re-traces) to enable the higher highs.
Someone mentioned warrants - this is what I have gleaned and there's no panic in that regard but just be watchful for the November ones being taken up at some point before then.
Warrants:
22July 2024 (not sure on this one my data may be incorrect) 750,000 at 3.4p - ignore.
19th Nov 2024 7,818,750 at 4.13p - be watchful in low volume trading.
26th July 2025 750,000 at 3.9p - ignore.
7th December 2025 22,279,492 at 5.2p - when these are taken up - sell until they have cleared.
21 Jan 2026 4,036,431 at 13.2p - let us all hope they are a problem at that time.
Options:
I believe there are 23,964,491 available for take up - however, there could be more as the company issues them without reporting it to reward those close to JLP operationally. When and at what price, I have no idea. Just have to react or sit it out if and when they are taken up and in what quantities and at what volume is at the time.
I'll get back to you Edzi on the other matter.