Macros wrote
"think it is good that they are using some of the cash productively. I actually think that companies like RMS should expand by acquiring green/brownfield opportunities with good resources as they are pretty cheap right now compared to drilling it from scratch. "
Finally some one with a good business head writes a decent post i agree if only more of these producers like RMS saw the light of "aquiring green/brownfield opportunities we would have less of the scenarios of wasted money on exploration with poor bang for the buck by producers and producers merging with other producers for poor results
ann: becoming a sub holder for drm, page-20
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Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96948 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 39393 | 3 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |