Hello. OK. Let's list the red flags more accuracy (rather than freak out to your generalisations hysteria):
1. $3,813,369 convertible note (plus interest) remaining from the 30/6/23 balance sheet
2. $4,756,633 deferred acquisition payment on the 30/6/23 balance (not detailed in the 31/12/23 balance sheet notes).
3. $4,248,872 in operating cashflow for 31/12/23, which was chewed up by payment for property, plant and equipment ($1,204,616); payment to acquired entities ($1,851,882); lease liabilities ($1,762,631) and finance ($235,408); repayment of borrowings ($1,083,097).
4. So, despite its positive operating cash flow (which we must assume is ongoing) and even the probably non-compulsory repayment of borrowings, the impression is RPM was not able to use operating cash to repay $2M for a convertible note and $2M CAPEX for new capital investment in a tyre recycling plant.
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6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $17.15M |
Open | High | Low | Value | Volume |
6.8¢ | 6.8¢ | 6.8¢ | $3.4K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 239401 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.068 |
2 | 264180 | 0.067 |
3 | 327223 | 0.066 |
4 | 443900 | 0.065 |
1 | 202835 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 239401 | 3 |
0.071 | 439999 | 2 |
0.072 | 117442 | 1 |
0.073 | 150000 | 1 |
0.074 | 140000 | 2 |
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