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BREAKING: Bluejay gets bailout placing away but what about the legal letters?

By Tom Winnifrith | Friday 23 August 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


After ramping hard with helium and hydrogen spoofery to get its shares up to 0.65p last month Bluejay Mining (JAY) has managed to raise £1.75million( gross) , call it a Bernie and a half net, at just 0.3p. Gone are the good old days when Nomad and joint broker SP Angel was selling its own shares at 10p or more while telling mug punters the shares were worth 44p. But, again, there is something badly wrong here.
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