Hi guys,
I have been a holder of JMS just before listing suspension.
I took the first buy back offer, but not the second, nor this one.
I dont believe the current price of $0.23 US+ $0.15US Divident represent a good price for (6%) considering the fat profits that company makes.
For a company that makes $100m pa of profits at current price levels, it surely cheap.
With the current buy back, will leave the company with less than 2billion shares.
If they keep paying 5cent a year, in 30 years we will get $1.5 in divvies.
I believe, the true value of the stock is approx $1.5.
Please remember, this is just my opinion. Not advice.
Cheers
Hi guys, I have been a holder of JMS just before listing...
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $328.3M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 16.0¢ | $578.3K | 3.515M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 380185 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1147112 | 30 |
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| Last trade - 14.12pm 07/11/2024 (20 minute delay) ? |
| JMS (ASX) Chart |