The ceo and board of Jupiter could sit around doing nothing and that wont change much and Tsipi mine will still be spitting out cash and paying dividends to Jupiter.
Share price is not down because of ceo or board it’s a reflection of market conditions. Go and overlay manganese price over Jupiter’s share price and they are basically correlated.
The current path to growth is battery minerals and mining and selling/shipping “more ore” at fair prices,
The idea of consolidation/buying/merging more mines doesn’t make sense at this time, that would need a lot of cash, taking on debt and maybe a capital raising (dilution of shares)… no thanks!
Ann: Jupiter Declares Interim Dividend, page-22
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Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $568.4M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.0¢ | $540.5K | 1.825M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 275782 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 171172 | 3 |
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| JMS (ASX) Chart |