RPM 1.32% 7.7¢ rpm automotive group limited

Ann: RPM undertakes $4m Capital Raising, page-17

  1. 2,930 Posts.
    lightbulb Created with Sketch. 179
    Hello. The debt is not the foremost problem. I attempted to write a rational post for you about dividend. Telstra has $13 billion in debt. Yet last half Telstra paid all of its net profit amount in dividends.

    RPM growth prospects is limited, similar to Telstra. If RPM could pay a good dividend, this would be the primary reason for investors.

    Most of what you posted is irrelevant because the recycling business is forecast to make $2m EBITDA per year or say $1M in profit after tax. $1m profit is another $0.003 cents EPS fully diluted or 2 or 3 cent addition to the share price.

    It sounds like you invest based on ideas rather than on financial parameters.
    Last edited by GKeden: 23/04/24
 
watchlist Created with Sketch. Add RPM (ASX) to my watchlist
(20min delay)
Last
7.7¢
Change
0.001(1.32%)
Mkt cap ! $19.42M
Open High Low Value Volume
7.6¢ 7.7¢ 7.3¢ $36.17K 489.1K

Buyers (Bids)

No. Vol. Price($)
2 26600 7.6¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 93871 1
View Market Depth
Last trade - 15.43pm 30/08/2024 (20 minute delay) ?
RPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.