I don't mind "down ramping" but you have to earn it with factual and logical answers....This weeks price of RMC supports complete going back of the business BUT they will still have close to $300m dollars in the bank at the end of FY 2023..... ME Bank was acquired for 11.9x 2020 cash earnings off the top of my head....ME Banks loan book has completely gone backwards, once again off the top of my head....
Can't see how RMC was / is one of the best value investing plays.
As previously stated I'm not an investor I'm a gambler so DYOR.
Ann: Investor Presentation, page-75
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Last
86.5¢ |
Change
-0.020(2.26%) |
Mkt cap ! $346M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 86.5¢ | $42.15K | 48.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 25466 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 1091 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| RMC (ASX) Chart |