Obviously, with the rise of Fe going to $160 a tonne, the asset that JMS has has increased in value.
However, the grades of the ore are low. This is why JMS has not spent shareholder funds on development.
This is what I love about JMS. They give consideration about the return to shareholders.
Mr. Gilbertson is a very large shareholder, so a bit of extra confidence about the future.
Best outcome would be the sale of the asset, and a special dividend. Was surprised at the recent
dividend in light of COVID-19 . Long term hold for me, better than bank interest.
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Last
25.0¢ |
Change
0.020(8.70%) |
Mkt cap ! $471.5M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 25.0¢ | 23.0¢ | $1.366M | 5.675M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 320764 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 1301480 | 23 |
View Market Depth
| Last trade - 15.42pm 17/09/2025 (20 minute delay) ? |
| JMS (ASX) Chart |