PE of 30 to 40 times? I'm sorry but that is just wrong, the market average is 16x and most mining companies are a lot less than that mid caps circa 10x with BHP / RIO between 12-16.
Its not a growth stock, it has limited production capacity.
Pallinghurst (Gilbertson) encouraged all investors to hold when they delisted to realise future value, they didn't try and get the entire company (not the mine as JMS owns 49.9%), the co-investors owned circa 87% at the time of delisting, it wouldn't have been hard if they wanted to do acquire enough shares for compulsory acquisition.
- Forums
- ASX - By Stock
- Maybe a good time to relist
PE of 30 to 40 times? I'm sorry but that is just wrong, the...
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JMS (ASX) to my watchlist
|
|||||
Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $313.6M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.0¢ | $2.300M | 14.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 1276042 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 771779 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 1276042 | 0.160 |
24 | 1628690 | 0.155 |
27 | 1703464 | 0.150 |
5 | 563214 | 0.145 |
9 | 1204149 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 771779 | 5 |
0.175 | 386826 | 5 |
0.180 | 26329 | 2 |
0.185 | 398585 | 4 |
0.190 | 279600 | 6 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
JMS (ASX) Chart |