Estimate is $40m FY24 @ 10c per share. PE 6 @ 40m = $240m market cap this means 60c range coming IMO. Management have completely failed investors. Rates are tipped to keep rising. Don't listen to your broker they were selling....
Should bottom along this line. RMC is a terrible investment until it hits this line....
Ann: Half Yearly Report and Accounts, page-142
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Last
88.0¢ |
Change
0.030(3.53%) |
Mkt cap ! $350M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 88.5¢ | 86.0¢ | $116.6K | 133.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33314 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 38901 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RMC (ASX) Chart |