Strongly not in-favor. Why buy your share back when a company can invest it in the business.
Last time a checked RMS needs the $$ for Penny and EM developments, money better spent on that than a buy back.
A company should only do buybacks if they've run out of ideas on how to grow the business. Plenty of growing to be done on RMS.
Buy backs is good short term but I guess that is what most are on RMS for, short term...
Happy to hold long on this cash cow.
Is a buy back a silly idea?, page-3
-
- There are more pages in this discussion • 56 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
$2.33 |
Change
-0.060(2.51%) |
Mkt cap ! $2.691B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.36 | $2.29 | $6.540M | 2.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 163521 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 67017 | 5 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |