Interesting situation developing here.
$2.2 billion MC.
20% of SPR worth $250 million
Cash and bullion balance $300 million + at least .
That leaves a EV of around $1.7 billion.
Which seems like a bargain.
especially the huge cash building that is coming next couple of years at least.
if they don't buy anything or start EM open pit.
EV value will be around $700 million in 24 months time.
That would be absolutely insane.
Something has to give here.
I am buying more RMS shares.
Interesting situation developing here.$2.2 billion MC.20% of SPR...
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Last
$2.06 |
Change
-0.030(1.44%) |
Mkt cap ! $2.359B | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.16 | $2.04 | $6.835M | 3.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65470 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 19762 | 1 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |