I'm not telling people not to invest. I actually think rms is a good long term investment but it's ieven better choosing the best entry point. If people overpay now it's not a big deal if they are willing to wait out any correction or revaluation.
I have only one concern. Their ability to manage cash in a crisis . This is not me being negative but a real concern. I owned a nickel stock that had zero debt and $160 million in the bank, they lost the lot and went to 1800 million shares on issue .
I hounded the director to sit on that cash. I advised them to spit their bank balance between banks in the GFC. There is only so much one can do.
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market revaluation 40 cent to 60 cents possible., page-12
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Last
$2.06 |
Change
0.025(1.23%) |
Mkt cap ! $2.364B |
Open | High | Low | Value | Volume |
$2.04 | $2.08 | $2.04 | $4.859M | 2.362M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 47637 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.06 | 128450 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 44024 | 2.050 |
19 | 58034 | 2.040 |
17 | 74251 | 2.030 |
11 | 56415 | 2.020 |
7 | 50481 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.060 | 128450 | 36 |
2.070 | 223934 | 33 |
2.080 | 163580 | 25 |
2.090 | 131270 | 21 |
2.100 | 362329 | 20 |
Last trade - 15.35pm 15/08/2024 (20 minute delay) ? |
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RMS (ASX) Chart |
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