Agreed Bene. The company has no use for any additional cash. A DRP is a way of raising funds and the company has no need for additional funds at this time. From a capital management point of view a buy-back might be useful but only if you are able to buy back shares at a discount to intrinsic value.
Ann: Tshipi Signs Agreement with South32 to Mine Barrier Pillar, page-34
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| JMS (ASX) Chart |