Jubilee Platinum - JLP Stream Log

Hi Breezy - that's a good holding at a sensible average. I've got 253,000 at 2.8p having invested £7,188. I should have bought more when they were down at 1.3 - 1.5p back in April. I think we'll both do well here if we can hold our nerve and stay in the game when the big gains come next year. All the best idg69

Hi idg69 . I sold my Alkane shares because their is the risk that the deal could fall through and I would have lost all my profit. I put the money in JLP and RBS. I now have £7600 in jlp which bought me 331719 shares at a average of 2.30. Just got 1k in rbs. Pleased with the gains this week and like you willing to hold long term to try and recoup my losses on bhr. All the best breezy.

Hi Breezy, just got back in the office and had a quick peek at the charts. We may not stay above 4 today unfortunately. It can creep up gradually for me - up .2 or .3 every other day wold be fine with me. The odd pull back I could handle as long as it stays above 2.8p What's you your holding/average here these days? Have you sold your Alkane shares or do you have to wait for the buyout to go through. I've never been involved in a share that has been bought out so don't know the format. Happy days ahead I hope my friend. If I could recoup my BHR & CPP losses with JLP I would be unbelievably happy. Have a good day matey and all the best. idg69

Hope we can stay above 4p today.

Happy to see this rising with no news yet. With funding news I expect this to be near the 6p mark. Happy days.

Cheers Dude - you're right. Historic market cap valuations are much more meaningful. People buy in to these penny stocks looking at past share price and get giddy that it could go back to those levels (well the naive ones do anyway) JLP will get taken out by a big player before they allow it to become too expensive. We may only get to 10-15 before we get snapped up. That happened to Alkane at 35p as they cold have gone way beyond that if left to run it's course. Great for those who bought in the low 20's but not if you bought in the mid 30's-40's

Yes idg69, maybe they should rather quote historic market cap instead. It would be more meaningful.

It amuses me that people on the LSE board are quoting 124p for JLP back in June 2007. Yes it was worth considerably more but the share capital was at about 100 million shares I guess and not nudging the 900 million shares we have today. There are also outstanding warrants to be exercised which will take our share numbers to 1billion plus in the coming years. Those historic share prices don't count for diddly squat in todays market. I'm still happy we are on the climb though.

A good opening price for JLP today - let's see a nice smooth northerly rise please. Take a look at the 5 year Taylor Wimpey charts and we'll take that if you please.

Yes, it's a free market, put in a higher bid...