Totally agree. This is what makes a market. There is a pretty good chance that you are correct and that RMC is a value trap ie front book vs back book run off and very competitive environment which management have highlighted. Consensus I believe is $109m FY22 and I have doubts on Wilson's $120m FY22 forecast and Mr Market has doubts too looking at today's price action....people are heading for the exits now....
And yes you are correct to be careful of Pumpers on Twitter who can at times have their own agenda..... Caveat Emptor
Totally agree. This is what makes a market. There is a pretty...
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Last
98.5¢ |
Change
-0.050(4.83%) |
Mkt cap ! $394M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 98.5¢ | 98.5¢ | $841 | 854 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 991 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 1966 | 1 |
View Market Depth
| Last trade - 12.28pm 29/04/2024 (20 minute delay) ? |
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Last
98.5¢ |
Change
-0.050 ( 1.99 %) |
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| Open | High | Low | Volume | ||
| 98.5¢ | 98.5¢ | 98.5¢ | 996 | ||
| Last updated 12.28pm 29/04/2024 ? | |||||
| RMC (ASX) Chart |