I was a big fan when RMC was less than 50 and predicted that RMC wouldreach AUD 1.8+ based on its profitability, growth and management. And it reachedaround AUD 2.5 within one year. I am still a big fan of RMC and RMC’smanagement/key shareholders. It is no surprise to me to know that RMC’s bigshareholder has been buying HUMM at current SP level. Market manipulators canmanipulate share price for quite a long time, but at the end of the day it isthe fundamentals that eventually determine the level of SP.
HUMM’s fundamentals (PB (around 0.3), PE (2-4), unrestricted cash amount(132M),recovery of card business and booming of commercial leasing etc) are still verysolid even though the management of sale of HCF was trash. Remember JW’s costwas around 1.2 and AA bought around 3% (15m shares) when the share price was around 0.8. Itis a gold opportunity to top up or buy in at current level.
Be patient. Wait and see. Time will tell. DYOR
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Last
45.0¢ |
Change
0.010(2.27%) |
Mkt cap ! $221.1M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 43.5¢ | $35.28K | 79.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44479 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 36618 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44479 | 0.445 |
1 | 47619 | 0.435 |
2 | 24854 | 0.425 |
2 | 4633 | 0.420 |
2 | 57600 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 36618 | 2 |
0.455 | 37401 | 3 |
0.460 | 29364 | 3 |
0.465 | 10000 | 1 |
0.470 | 12000 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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HUM (ASX) Chart |