JMS 7.55% 24.5¢ jupiter mines limited.

Maybe a good time to relist, page-20

  1. 317 Posts.
    As i mentiomed earlier, $1billion valuation for a company that is earning $100m per annum is really cheap.
    Assuming 4cents divvy for 50 years.
    The market only wants to see a constant divvy to be able to fully valuate it.

    The price should of never reached below 10cents pre-privatisation, but that is share market and can not control it.

    I have seen stocks that have grown about 2000 fold before any earning release, just based on speculation.

    In addition to that, most stocks trade at around 30-40 PE before they face correction. Based on that, we are looking at around $1.5-$2.0
    Call me mad, but that what my experience tells me.

    Going private, was more likely Palinghurst strategy to get a free mine, but it looks like it has failed. Thanks to the director that bought 20m shares just before going private. I had a huge confidence in him.
    Last edited by bouhr: 22/02/18
 
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Last
24.5¢
Change
-0.020(7.55%)
Mkt cap ! $480.2M
Open High Low Value Volume
26.0¢ 26.0¢ 24.0¢ $5.028M 20.46M

Buyers (Bids)

No. Vol. Price($)
8 457100 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
24.5¢ 165573 3
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