OTCPK:JENGQ - Post by User
Comment by
uncleblackieon Jun 08, 2020 9:24pm
472 Views
Post# 31126972
RE:RE:Any new news anyone?
RE:RE:Any new news anyone?
Well last October a Cannacord analyst calculated the intrinsic value to be around $4.00 a share but that was before the U.K and Japan sale so it's got to be worth at the very very least $2.50 U.S a share even as a fire sale, I would think. The strategic review will probably include some good will that would value it north of $3.00 I'm sure.
Good luck to all who have stayed strong since they suspended the dividend last year!
Don't sell your shares cheap now! Continue to hold until the completion of the strategic review later this month. Judging by the interest these last couple of days, I bet the review is now complete and should still be an easy double from here even at the low end of a target of $2.50....