JBM deserves the run its had ..... but remember that some of it has been to do with a one-off flow of funds from the WMC takeover into other resource stocks and nickel stocks in particular. And it will be being bought ahead of its final dividend announcement and payout and possibly anticipation of a special dividend (which would be an excellent return in itself). So upside may be limited and a retracement may be on the cards in July if not beforehand.
H
JBM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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