Two reasons I can think of why $2.47 will be harder to hit this time round.
Firstly, I'm not complaining but the fact is that each RMS share has been diluted by the m&a action Ramelius has been engaged in recently.
Secondly, Edna May has gone from being a burr under the saddle to being a weight in the saddle cloth. In the next couple of years they need to resolve the issues raised by EM.
The sugar hit that is Penny is the obvious counterbalance.
Two reasons I can think of why $2.47 will be harder to hit this...
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Last
$2.20 |
Change
0.030(1.38%) |
Mkt cap ! $2.525B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.22 | $2.18 | $5.466M | 2.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 256 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 3452 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |