Ann: Jupiter Delivers 24% Yield in First Year of Listing, page-36

Hi attenborough

You have a few things not quite right.

JMS have been in the ASX 300 since late last year and there is not much evidence of funds buying in. It was around 31.5c when it went in and crashed down to 23c not that long after.

The price for Tshipi ore fell to just above $2 in February 2017 just 2 years ago and fell to around $1.50 in 2015. The price of manganese has always been volatile and I see no reason why that cannot happen again in the future, I hope not but it is a real risk.

I rate this stock highly as an income generating stock and own a good amount but dont expect much increase in the sp. Many have predicted a sp of 50c, 60c, $1 and even $1.50 many times since it listed and have been correct zero times. The highest it ever got I think was 43c and that was 1 day just after it listed.

It rose in value before the last divi but spanked back down after it went ex divi and I would expect it to do something similar this time so I would be wary when you buy but do your own research before spending your hard earned.

Good luck with your investment