JMS 1.47% 16.8¢ jupiter mines limited.

Ann: Jupiter Board and Strategy Update, page-16

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  1. 155 Posts.
    lightbulb Created with Sketch. 23
    Would love to see some thoughts of you guys on the following;

    • Any insights on how to get JMS back into the ASX300 ? Is it relevant ?
    • Should JMS be listed onto another exchange (as well) ? since the spin-off of the OZ assets into JUNO, sentiment on the ASX seems too negative for the amount of cash Tshipi generates?
    Currently listed as; JMS CHIA (Chi-X Australia) , JMS ASX, JMXX.F (Pink Sheets LLC US), LGU DB (Deutsche Boerse AG)
    • Share buybacks, In the past shareholder value was created by returning ~90% of profit as dividends. Perhaps a part of it should be used for buybacks instead of costly acquisitions for the sake of growth that would later prove unprofitable. Purchasing back 10-20% of the currently 1959M outstanding shares would be very desirable IMO.
 
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