Let’s assume that RMS was trading at the coveted $1.00 per share level. That would place the company at approximately 30% of the market cap. of SAR and 25% of RRL.
My view view is that at $1.00 RMS represents excellent value compared to its peers. What does that say about the current price of RMS? I believe that yesterday’s big gain is not going to be the last time we see that sort of action as value catch up occurs.
RMS relative valuation update
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.11 |
Change
-0.030(1.40%) |
Mkt cap ! $2.428B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.15 | $2.09 | $1.775M | 838.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 66994 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.11 | 36800 | 42 |
View Market Depth
| Last trade - 15.46pm 07/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |