Hi
Are you saying that the 'big boys' ( I assume you mean funds) are waiting for the price to go up before buying? (only joking)
I hold this like others for the income from dividends and as such I am not obsessed with the sp going up. If I add in the future it suits me to do so at 35-40c rather than 50c as I get more shares and hence more dividends for my investment. I don't intend to sell mine any time soon so I am uninterested in looking for the price to rise and I dont think it will past 40c. It has only breached 40c for 2 days since it floated.
I agree with random that income funds will be more interested in this. Brian G described the company as boring recently meaning the model will not change and JMS will stay with 1 egg in slightly less than half a basket.
I am very happy with the performance of Tshipi and long may that continue. Feel free to have a different opinion to me but I just dont see any reason for the sp to suddenly spike upwards.
Ann: Tshipi Declares R2.0 billion Dividend, page-34
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Last
32.0¢ |
Change
0.010(3.23%) |
Mkt cap ! $627.0M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 33.0¢ | 30.5¢ | $2.404M | 7.564M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 291830 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 30500 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
32.3¢ |
Change
0.010 ( 2.35 %) |
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| Open | High | Low | Volume | ||
| 30.5¢ | 33.0¢ | 30.5¢ | 2662833 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| JMS (ASX) Chart |