Looking at the cashflow they are generating, it will most likely be funded internally. That is fantastic because remaining debt free is what Jupiter should remain for this to be a perpetual cash cow. Like Peter Lynch said "Most people don't realize this but you can't go broke if you have no debt".
Look at the stunning Paladin and Altura downfall. Both wiped because of debt. They had world class assets but also have world class greedy management. Be thankful Priyank is tied to the dividend Jupiter gives.
Ann: February 2021 Quarterly Report (Q4), page-41
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $323.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 16.0¢ | $649.3K | 3.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 68555 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 640412 | 12 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| JMS (ASX) Chart |