So if I've got this right every 10c increase adds about 1c profit per share.
The upswing on the 37% has been ess than higher grade but would have to be around 70c so far from the lows.
At $4 dmtu fob Im guessing around A$200m profit.
Combine that with $73m in the bank and this is insanely cheap.
Manganese ore prices starting to move UP, page-69
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Last
34.5¢ |
Change
0.010(2.99%) |
Mkt cap ! $676.2M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 35.5¢ | 33.0¢ | $3.895M | 11.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 271699 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 7175 | 1 |
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| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
34.3¢ |
Change
0.010 ( 2.06 %) |
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| Open | High | Low | Volume | ||
| 33.5¢ | 35.5¢ | 33.5¢ | 4937097 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| JMS (ASX) Chart |