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(1.55%) |
Mkt cap ! $380M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 96.5¢ | 95.0¢ | $44.05K | 46.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 20897 | 1 |
View Market Depth
| Last trade - 14.10pm 31/05/2024 (20 minute delay) ? |
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Last
94.0¢ |
Change
-0.015 ( 3.67 %) |
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| Open | High | Low | Volume | ||
| 95.0¢ | 95.5¢ | 94.0¢ | 8748 | ||
| Last updated 14.31pm 31/05/2024 ? | |||||
| RMC (ASX) Chart |