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.
Hello. I can only speculate the reasons for the share price...
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Last
6.5¢ |
Change
0.002(3.17%) |
Mkt cap ! $15.93M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.5¢ | 6.3¢ | $6.162K | 96.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 197235 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 35000 | 2 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.4¢ | 6.4¢ | 6.3¢ | 157000 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| RPM (ASX) Chart |