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3.13%

6.2¢ rpm automotive group limited

Cheers noted, the issues you mentioned are definitely an issue....

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1357.al.toh

874 Posts.

83

23/04/24

12:13

Post #: 73474199
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Originally posted by GKeden: ↑

Hello. I can only speculate the reasons for the share price decline.

1. Limited profit growth.

2. No dividends

3. Issue of shares for acquisitions causing negligible EPS growth.

4. Issue of shares for acquisitions causing continuous selling of shares.

5. Open knowledge of the need to repay the convertible note.

The point i am making is companies such as RPM can only be attractive by paying dividends because the potential for growth is limited. Even if RPM had no debt, it would still need to pay dividends to be attractive.

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Cheers noted, the issues you mentioned are definitely an issue. But let's agree to disagree - for me, it is still debts.

RPM Price at posting: 6.4¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 6.2¢		Change -0.002(3.13%)		Mkt cap ! $15.19M

Open	High	Low	Value	Volume
6.5¢	6.5¢	5.9¢	$85.63K	1.402M

Buyers (Bids)

No.	Vol.	Price($)
1	73930	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	242996	2

View Market Depth

No.	Vol.	Price($)
1	73930	0.060
3	128984	0.059
4	102241	0.058
1	350000	0.057
1	30000	0.056

Price($)	Vol.	No.
0.069	242996	2
0.070	173796	2
0.072	216858	1
0.073	130977	1
0.079	106230	1

Last trade - 16.10pm 13/05/2024 (20 minute delay)


Last 6.0¢			Change -0.002 ( 3.23 %)
Open	High		Low	Volume
6.2¢	6.2¢		5.9¢	770889
Last updated 15.59pm 13/05/2024 ?

RPM (ASX) Chart

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