It is definitely undervalued that's for sure. If we can keep up with the current performance there is no reason why in the next 12 months we shouldn't be trading towards $1.00, that is still only trading on a p/e of 10.
They are looking at cost reductions over the next couple of years as well which will add to our net margin plus we could see a nice boost in the Manganese price from the oncoming EV revolution, not to mention we have plenty of room for expansion to 5 Mtpa.
Ann: Ceasing to be a substantial holder, page-21
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $323.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $837.4K | 5.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 904769 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 531602 | 6 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| JMS (ASX) Chart |