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Bullboard - Stock Discussion Forum Jovian Capital Corporation T.JOV

TSX:JOV - Post Discussion

Jovian Capital Corporation > Sale of ETF business
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Post by PxPx007 on Jul 15, 2011 9:12am

Sale of ETF business

Can't wait to see the market reaction (if any considering the liquidity of this stock). A sale before tax sale of 90M$ on 8M shares clearly justifies the current price. You get the other businesses for free. The industrial alliance and catalyst report have aimed right, this stock clearly can go to 15-19$ in the short term.

Comment by bullgambla on Aug 12, 2011 8:45am
Agreed!  Now another $27MM transaction today justifies a price of $14 per share PLUS the remaining businesses.  Or alternatively, the cash can be used to pay off remaining long-term debt.I like what I am seeing with JOV. They are creating serious shareholder value but is anybody listening out there?Cheers and GLTA,Bull G
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