Many might have missed this little beauty - just starting to shape up price wise.
Jupiter have a bio diesel spin off happening shortly, where they intend to give all JPR holders a free Jupiter Bio Diesel share in the new IPO (value 50c open) for every 1.75 (approx) shares held at the conversion date.
This makes a JPR share instantly worth between 26.5 - 29c right now, just for the free share issue.
Bio fuel is a hot topic - and the IPO is expected to do well, and possible open well up from the 50c issue price.
The original JPR shell is due to have a new deal backed into it, giving it a new lease of life - and leaving it with a fair value as a stand alone item apart from the bio fuel issue.
Read the ann of July 26th - and bear in mind plenty of deals are in process.
I suspect we'll shortly hear that the deals are underwritten / financed - and the JPRO options may well be underwritten, though they are a good cheap entry in for conversion (must be converted in next 6 weeks approx to get the in specie distribution).
With the new IPO value of 28c per JPR share - and the shell cash and existing deal value of say 15c per share - plus new deals coming, it is very possible that JPR will be trading closer to 40c in the next month.
I may have not explained it all clearly - but do some research and consider hopping on for the ride. A lot of long term investors mean the free float is decreasing rapidly. That usually makes for quick price rises as available shares lessen.