I think you're way off on the idea of DW taking RMY private.
Firstly he has a loyal following of investors who have supported his numerous ventures, MVP, PNV as examples. This shows by the small number of investors in RMY as well as the small average volume of RMY shares that are generally traded on the open market at a daily level.
Secondly he has the personal liquidity to soak up the current few nervous sellers reacting right or wrongly to the current investment environment. He is a great asset for all RMY shareholders ATM by providing a floor for the share price through block trades or on market purchases.
And last but not least, if you have ever listened to any of his Chairman announcements you will know he is for the shareholder first and foremost and gets great satisfaction from creating personal wealth for his band of loyal followers.
RMY is at the cusp of profitability and this will be reflected in the share price soon enough even with all the global events unfolding in front of all of us.
Realestate will always be bought and sold for a given price regardless of global influences and agents need to promote themselves to gain an advantage over their competitors and the RMY platform supports their needs.
And we are not even talking about the $ value of the data that the platform garnishes off the web and it’s value that can be leverage to big “Big Data” company’s for added financial gain on top off the subscription model potential.
Look at the background of the two brothers whom are both recent RMY company director appointments to see the potential direction that this data load can be directed towards?
Data is power and companies pay for this information, oh and RMY is a SAAS subscription model to boot!
Whats not to like but the current SP, but not for long IMHO.
Hasaman.
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.21M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.6¢ | $3.495K | 75.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3936 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 96320 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3936 | 0.046 |
2 | 115555 | 0.045 |
1 | 70000 | 0.044 |
3 | 250654 | 0.043 |
1 | 237739 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 96320 | 4 |
0.049 | 158146 | 2 |
0.050 | 100000 | 1 |
0.054 | 603083 | 2 |
0.055 | 18054 | 1 |
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