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0.3¢ rbr group limited

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Bonobo_Man

12 Posts.

15/11/17

09:57

Post #: 28800725
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Originally posted by Inchiquin ↑

I only have a small position in RBR Group, however I think it is an interesting company.

It is unusual to find a company offering exposure to the economy of Africa, and this is what intrigues me about the RBR Group. While the focus of the company is currently on training staff for Mozambique's resources sector, I can't see why they couldn't provide similar services for other industries such as agriculture or renewable energy systems. In addition, my understanding is that there are plans to commence operations in other African countries, so it would certainly seem there is plenty of room for growth.

Although the India and China growth stories get much more publicity, I think there is a strong possibility that economic growth in many regions of Africa could surprise on the upside over the next decade or so, and it would seem to me that RBR is uniquely positioned to benefit from the African growth potential.

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This should be huge for RBR and will determine the shape of the next 5-10 yrs for the company:
https://mozambiqueminingpost.wordpr...lopment-plan-yet-this-month-minister-klemens/

Look out for it!

RBR Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $4.086M

Open	High	Low	Value	Volume
0.2¢	0.3¢	0.2¢	$125	50.01K

Buyers (Bids)

No.	Vol.	Price($)
4	2145091	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	9157129	9

View Market Depth

No.	Vol.	Price($)
4	2145091	0.002
13	58031189	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	9157129	9
0.004	9416999	5
0.005	5000000	3
0.006	2007000	2
0.008	2810000	3

Last trade - 10.11am 27/05/2024 (20 minute delay)

RBR (ASX) Chart