Kerry Harmanis(Great Man that he is) is holding JBM's shareprice back atm.
Sure Kerry got the price where it is but if Kerry was a good saleman JBM would be trading around $12 per share rather than trading up at $9.72 on volume of 220,000 shares.
Sure I might seem like I am being harsh toward's Kerry but he does have a responsibility towards share holders.
5%+ fully franked dividends at over $9 per share sound good on paper but some of us used to get that at $4 per share with JBM.
Thank the heaven's for Nickel prices,
5% fully franked dividends at $12 per share quite possible over the next 12 months.
Perhap's some serious action then??
What does JBM need to do to get it's shareprice moving again???
Let's wait & see.
Cheers.
JBM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held