To be fair, JMS does not control the Manganese prices, or externalities like energy costs.
For their part, I am happy to see control and reduction of costs.
I also cannot think of many examples of similar small-medium sized miners with single asset/commodity that have not missed a single dividend payment, even dwindling,
And let us not forget, the dividend is dwindling yes, but from a ridiculous 20%+ in 2019.
After the corporate drama earlier this year is over, and with the Mn prices somewhat stable, the SP shall be supported around these 20c levels for a while.
To be fair, JMS does not control the Manganese prices, or...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $499.8M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.0¢ | $1.855M | 7.256M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 128181 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 294308 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| JMS (ASX) Chart |