re: freefall/bounceback A good bounce off $7.50.
Dividend History
Type Cents per share Frnk % Ex Dividend Date Dividend Pay Date
Final 25.00 100 30/8/2005 12/9/2005
Ex-divi 30-8-2005 , JBM should test $8 before close on Tuesday.
JBM should be on every chartist's watchlist.
Notice Friday's volume was bigger than $6 volume???
About the same as $8 volume late July.
$8 looks like fair value for investors.
Good news should push the price up, no news or bad news should push down.
The Tax break dividend is Bullish news & a good opportunity for new investors with a 12 month+ time horizon.
Liquidity should be high the next couple of days.
JBM is superannuation material.
Cheers.
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