Jan. 3 at 4:44 PM
$JROOF I am still confident that the merger would happen. I expect the LOI to be extended or amended, because for JROOF the merger is a shortcut to a Nasdaq listing.
Even without the merger, investing in future AI data centers is strategic portfolio diversification. Look at the market capitalisation of
$FRMI which has a lot of ambition but not even one tenant, i.e. it currently offers only promises. JROOF is in the same business, but has a much more affordable share price - which by thecway is currently more than a half cheaper than the one at which most previous financings were concluded with strategic shareholders (
$0.20/share). Risks may be higher here compared to
$FRMI, but only theoretically, for the need for such centres is without doubt.
I see JROOF as a great opportunity to be a "first-minute" investor. I am curious to see what the company will look like in a year from now. The reward could be enormous but requires nevertheless some patience.