The main focus should be the share-price. That is all that matters. Let's watch closely over the next few weeks in anticipation of the Arbitration decision being handed down. Volumes have thinned which suggest that prices will soon fall and set a new floor - possibly as low as 1.4 cents.
RIM's immediate lifeline depends on the Arbitration outcome. But longer-term it appears as though there is more litigation to follow - which was likely stayed pending the Arbitration outcome. RIM clearly don't have the resources to defend such an onslaught, the inevitable outcome is, IMHO, voluntary administration. @nosetradamus remains a strong sell on RIM as the risk is that shareholders could end up with $0 is real. Nothing that is happening at the present moment sways this view.
This is certainly not views that the Board aligned few (like @arekski @Jockeyboy @docmin24) will ever espouse. But they, respectfully, appear to be willfully blind of RIM's sorry issues.
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RIM
rimfire pacific mining limited
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A warning to shareholders, page-8
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.35M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $6.121K | 306.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 42631 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 607385 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42631 | 0.019 |
2 | 249999 | 0.018 |
7 | 1414777 | 0.017 |
1 | 308000 | 0.016 |
2 | 566665 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 607385 | 4 |
0.021 | 590078 | 4 |
0.022 | 1125000 | 1 |
0.024 | 52500 | 2 |
0.025 | 450000 | 2 |
Last trade - 15.54pm 13/06/2025 (20 minute delay) ? |
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RIM (ASX) Chart |