I think what one really has to appreciate is how tightly these shares are now held. The Pallinghurst partners hold 85.7% and when you including Red Rocks holding, it means that less than 10% of the equity is in free float.
If you also add in Gina Reinhart's shareholding, that figure probably drops to nearer to 7%.
So its easy to see why this is now moving.
If anyone wants to get a real handle on what Tshipi is all about, have a look at this.
http://www.jupitermines.com/images/jupiter---aephi.pdf
40c, page-7
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $313.6M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.8¢ | $590.0K | 3.662M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 257699 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 191663 | 6 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| JMS (ASX) Chart |