Lots of the same arguments here- wish I had a dollar every time XMAN has mentioned RCP's...
Yes the dilution sucked, and yes having good management is important to drive the share price. The biggest driver will be "profits" and disbursement of those profits to shareholders once debt is paid down. They are on track to make between $75m to $100m EBITA, with expansion possible in the future along with reducing costs. If the price of coal is stable (currently moving up- reflecting demand) then over the next few years (long-term) the share price will also move higher - as GnR said "all you need is a little Patience"
Lots of the same arguments here- wish I had a dollar every time...
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Last
81.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 80.5¢ | $34.39K | 42.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6600 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 130187 | 1 |
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| Last trade - 15.56pm 01/07/2024 (20 minute delay) ? |
| BRL (ASX) Chart |