JMS 0.00% 26.0¢ jupiter mines limited.

This is one of those investments you can scale into and...

  1. 144 Posts.
    lightbulb Created with Sketch. 20
    This is one of those investments you can scale into and eventually will triple if you hold for a few years and have conviction in the metal.

    I don't see any miracles / demand coming from EV batteries with EV battery / collision fires and the countries with weak economies being reliant on fossil fuel for the foreseeable future.

    Also page 14 figure 1 states 2c 2023 dividend, we will only receive 1.2c over 2023 due to the fiscal calendar shift.
    and a commitment to maintain the same dividend policy going forward. Well no, it changed from ~95% payout- to ~ 70% payout ratio.

    page 14 figure 2
    Jupiter will grow its earningsby accretively acquiring mines with the use of equity.
    So share dilution.... putting further pressure on the already weak SP ?

    page 14 figure 3
    The JMS share price is currently 26% lower than when the manganese price was at its 5 year low level.

    About the same as the dividend cut, GENIUS
 
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Mkt cap ! $509.6M
Open High Low Value Volume
26.0¢ 26.3¢ 25.3¢ $798.9K 3.100M

Buyers (Bids)

No. Vol. Price($)
5 315000 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 162320 4
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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