whilst JMS trades at a big discount to its issue price entrepreneurial companies that invested in iron ore instead of a commodity with a fraction of the potential have created huge wealth PLUS dividends for their shareholders.
Wrong! JMS isn't invested in anything, they don't own any infrastructure or equipment. Generator seized up, not JMS's problem. Wheel axle of a loader broken ? Again not JMS's problem. Everything is contracted out from rail and shipping contractors to mining contractors.
JMS is a lean capital-light business model that mints money for its shareholders. JMS is not your typical mining company with enormous amounts of tied up shareholder capital.
whilst JMS trades at a big discount to its issue price...
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| JMS (ASX) Chart |