In my opinion, the main thing wrong with JMS at the moment is lack of a clear strategy mapping the way forward for this company.
They have what appear to be some great projects but the market doesn't know what they're doing with them. A bit of drilling here, a bit of drilling there. I mentioned this to the company in my last call to them and they agreed and said they would be releasing a shareholder update to address this problem.
I think they have been dragging their feet in getting this information out and it's not fair on shareholders. I'm certainly losing respect for the management of this company at the moment. I was happy to defend them previously but no longer.
what is wrong with jms
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Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $607.6M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 31.0¢ | 28.0¢ | $2.475M | 8.283M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 205737 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 181733 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| JMS (ASX) Chart |