Enterprise value (market cap - cash in the bank) just dropped under $1B.
Crazy. This, for a company generating simple cash flow ( oz production * (spot price - AISC)) of $300 million/year.
My assumption is that sellers see the fantastic opportunity offered by general equities, during the upcoming global Covid recovery. Great. How does that make low P/E companies, with solid businesses, sells?
Patience is going to be rewarded. Heck, at these numbers RMS could buy back their stock in under four years.
Enterprise value (market cap - cash in the bank) just dropped...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.94 |
Change
0.075(4.02%) |
Mkt cap ! $2.220B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.94 | $1.88 | $6.442M | 3.348M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13041 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 44693 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |