JMS 11.9% 18.5¢ jupiter mines limited.

OMH reported a net profit from Tshipi for the half of $24.7m in...

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    OMH reported a net profit from Tshipi for the half of $24.7m in their accounts today.

    I'm not sure exactly what period this applied to given the mine and OMH have different reporting dates but perhaps it Jan-Jun in line with OMH?

    If you adjust that from the 13% OMH owns in Tshipi to the 49.9% JMS owns you get $94.8 or 4.8cps for whatever 6 month period this applies to.

    Also news that they are looking to list the other 51.1% of Tshipi on the JSE - so maybe opportunity to arbitrage by JMS if the JSE stock trades too low and build up their stake in Tshipi (albeit still non-controlling).

    Sadly there are instos who bought at 34c who are happy to just keep dumping at 35.5c. ah well, at least we get paid handsomely to wait.
 
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Last
18.5¢
Change
-0.025(11.9%)
Mkt cap ! $362.6M
Open High Low Value Volume
20.5¢ 20.5¢ 17.5¢ $2.284M 12.06M

Buyers (Bids)

No. Vol. Price($)
3 85000 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 88288 4
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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