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4.48%

32.0¢ jupiter mines limited.

$7.5b market cap... I like to dream...

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hagetaka

5,963 Posts.

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29/04/24

13:48

Post #: 73559403
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Originally posted by mercsman: ↑

Come on guys... why $1, why not rocket to $5?

50c and $1 statements are just numbers that mean nothing, lets talk realistic market caps.

I've held JMS for many years, and sadly, we're just back to the SP we were at before the ousting of the previous management, which took a shutdown of a large competitor's mine to achieve (note, NOTHING to do with the current management).

I fear the current management will use this opportunity of increased profits to "invest" in future growth, rather than the old 90%+ dividend payouts I used to enjoy under the previous management team.

Yes, I hope this will go to 50c, which would be circa $1B market cap and MAY be realistic if manganese prices continue to climb... but then also, should the S32 mine come back online in 18 months, I'm also wondering what might happen to our SP when global production is back to normal.

That said, Tshipi is a 100+ mine life, which is why I invested here in the first place (plus the large dividend payouts). It's a continued hold for me, as upside from here appears much greater than movement to the downside.

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$7.5b market cap... I like to dream...

JMS Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 32.0¢		Change -0.015(4.48%)		Mkt cap ! $641.9M

Open	High	Low	Value	Volume
33.0¢	33.0¢	31.8¢	$943.9K	2.905M

Buyers (Bids)

No.	Vol.	Price($)
5	380467	32.0¢

Sellers (Offers)

Price($)	Vol.	No.
32.5¢	238690	23

View Market Depth

No.	Vol.	Price($)
5	380798	0.320
19	509678	0.315
18	327686	0.310
11	571210	0.305
27	636554	0.300

Price($)	Vol.	No.
0.325	214873	21
0.330	200977	9
0.335	173628	7
0.340	368884	9
0.345	258163	5

Last trade - 13.00pm 05/06/2024 (20 minute delay)


Last 32.5¢			Change -0.015 ( 2.99 %)
Open	High		Low	Volume
32.5¢	33.0¢		32.0¢	1264677
Last updated 13.23pm 05/06/2024 ?

JMS (ASX) Chart

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