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....)
Ann: Change of Director's Interest Notice, page-13
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Last
95.0¢ |
Change
0.015(1.60%) |
Mkt cap ! $380M | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 96.5¢ | 93.5¢ | $156.7K | 165.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 4864 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
94.5¢ |
Change
0.015 ( 1.07 %) |
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| Open | High | Low | Volume | ||
| 94.0¢ | 96.5¢ | 94.0¢ | 13549 | ||
| Last updated 15.27pm 03/06/2024 ? | |||||
| RMC (ASX) Chart |