Thanks. Now that I have read the announcement with a clear head I can see that Tshipi will distribute cash to shareholders - ie including the 49.9% owned by JMS. In turn JMS will pay us a dividend "equivalent to the cash received from Tshipi".
This would be 3.85c or thereabouts, all other things being equal.
Ann: Jupiter Flags Prospect of a Healthy H1 2019 Distribution, page-9
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $499.8M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.8¢ | 25.0¢ | $2.165M | 8.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 702244 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 522097 | 6 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| JMS (ASX) Chart |