I would estimate that guidance has been hit and market already has a pretty good idea what it is. Market probably looking out to FY22 with 1st half probably going to be weak. Market is still unsure which about their investment / acquisition strategy but they are cashed up but then again everyone seems to be cashed up in this space. I'm estimating also that a fund is liquidating their RMC position so this multiple re-rate story is a bit yuck atm (imo and could always be wrong....)
I would estimate that guidance has been hit and market already...
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Last
99.0¢ |
Change
-0.045(4.35%) |
Mkt cap ! $394M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 99.0¢ | 98.5¢ | $1.295K | 1.312K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7073 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 3313 | 2 |
View Market Depth
| Last trade - 14.42pm 29/04/2024 (20 minute delay) ? |
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Last
98.5¢ |
Change
-0.045 ( 1.99 %) |
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| Open | High | Low | Volume | ||
| 98.5¢ | 98.5¢ | 98.5¢ | 996 | ||
| Last updated 12.28pm 29/04/2024 ? | |||||
| RMC (ASX) Chart |