Priyank is the reason there is a mine at all..
I think his pay was high but not over the top..
It is clear to me the new management are not in it to help out the retail investors...
Ntsimbintle own the maximum JMS shares allowed without having to make a takeover bid..
which is under the 20% threshold..so they own about 10% of the mine through JMS
They also control another 40% through other means.....
I doubt they will stop there...
They had no chance of a cheap takeover while Priyank was there.
Now they can takeover JMS cheap......
If it happens quick then Shareholders may see 30 cents...
If they start spending profits instead of the dividends
then I think shareholders will get very little and may have to wait 5 years for it
Cheers
Positive Manganese data, page-92
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Last
21.0¢ |
Change
-0.025(10.6%) |
Mkt cap ! $411.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 20.8¢ | $2.608M | 12.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 213798 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 70000 | 1 |
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