JMS now compared to when delisted is like chalk and cheese. They were not a mining company in production! Now JMS is a cash generating mining company with no debt and huge cash reserves.
Just need to look at the dividends and payments to shareholders...massive!
Only criticism I have is I hope the management understands the importance of diversification and not just rely on one commodity, the manganese market. JMS is a great company but they are not a FMG who just relies on Iron ore! Even FMG is diversifying now!
I believe they are moving towards diversity... Time will tell.
Ann: May 2019 Quarterly Report, page-12
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Last
18.5¢ |
Change
0.015(8.82%) |
Mkt cap ! $362.6M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.3¢ | $1.913M | 10.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4511 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 621468 | 11 |
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| JMS (ASX) Chart |