Patience.
This is just wealth transfer at its finest. As I have said before in an earlier post. JMS is a mangenese ETF essentially. Its a one trick pony. The yield is great but it will attract discounts due to being vunerable to one commodity and also potential soveriegn risk of being in South Africa. Does that deserve a better SP than what it is currently despite the XD?
I believe yes and I believe in the next 6 to 12 months it will get there. But at the moment the registry is being rebalanced. It reminds me of when S32 first listed. It went backwards before it went forwards. Same will happen here IMO
In the meantime we can all collect big cheques!
Ann: Jupiter Declares 14.5% Yielding H1 2019 Dividend, page-74
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
0.035(11.9%) |
Mkt cap ! $646.6M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 33.0¢ | 30.0¢ | $7.001M | 22.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103000 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 229115 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
33.0¢ |
Change
0.035 ( 10.9 %) |
||||
| Open | High | Low | Volume | ||
| 30.5¢ | 33.0¢ | 30.0¢ | 4334500 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| JMS (ASX) Chart |