Hello. I posed in Post #: 67211037 RPM had/has an inventory & cashflow problem, probably due to unpredictable supply issues due to Covid. Today's announcement says RPM have reduced inventory by $2.5M, improved cash flow and expect improved inventory levels in the FY24 financial year. This is exactly the progress they needed to make. I was a buyer this morning although the heavy selling remains interesting. Good luck. Factoring in $3.6M for depreciation and $2.4M for interest expense and 30% for tax, I guess 2.0 cents EPS for FY23. Ignoring surprises, if this 2.0 cents EPS can be achieved RPM can return to 20 cents in August, which is a 100% gain from today. Good luck.
$11.25M EBITDA less $6.0M IDA less $1.575M tax = $3.675M NPAT divided by 185M shares = 2.0 EPS
https://hotcopper.com.au/threads/ann-change-of-directors-interest-notice.7265497/page-8?post_id=67211037
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Last
7.1¢ |
Change
0.001(1.43%) |
Mkt cap ! $17.91M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 6.8¢ | $208.4K | 2.992M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 298880 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 369999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 298880 | 0.069 |
1 | 202835 | 0.064 |
1 | 237726 | 0.063 |
4 | 169682 | 0.060 |
2 | 33932 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 369999 | 1 |
0.072 | 100000 | 1 |
0.074 | 140000 | 2 |
0.075 | 36614 | 1 |
0.076 | 46097 | 1 |
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