By 'buying heaps of stuff' i assume you are talking the aquisitions RCR have been making over the last few years.
They have been buying all kinds of companies and struggling to integrate them. They used a lot of cash along the way.
I think they will survive. They just need to consolidate all of the different business units and trim the overheads.
I think it could be a good long term stock. I have sold out my holding and will get back in towards the end of the year as I am expecting the FY results to be a shocker.
Ann: Operational and Financial Update , page-5
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $31.71M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 12.0¢ | 10.5¢ | $394.7K | 3.610M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 178160 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 214610 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RCR (ASX) Chart |