hate to always be the devils advocate but an alternate view to the 5c giveaway is that while gold stocks are cheap, surely now is the time to buy up shares in distressed explorers with good prospects. This would give RMS the JORC ounces it needs. While many buyers have a buy in price close to a dollar, 5c is no big deal. If you need tha, sell 10% of your holding. It is the same effect to you underlying value. Once the 5c is delivered the share price slumps will the lower cash holding. I say use the money to buy ground with a good chance of gold.
Ann: Capital Return of five cents per share , page-15
-
- There are more pages in this discussion • 2 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
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96948 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 39393 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |