Another small-cap that hasn’t really captured the kind of growth we’d hoped for is RPM Automotive Group Ltd [ASX:RPM]. A stock that we recommended due to the immense value that it represented compared to its very tiny market cap.
Similarly to Total Brain, RPM hasn’t really managed to seize the kind of growth we’d hoped for. Some of which can be attributed to lockdowns, but that isn’t enough to offset our sell recommendation.
We believe your capital will be of far better use elsewhere. Which is why we’re choosing to exit with a very small loss today.
ACTION TO TAKE: Sell any RPM Automotive Group Ltd [ASX:RPM] shares you have at market prices. We will record tomorrow’s opening price for track record purposes.
