Well TE,
you ask what I want from management. Simple. Either take the share price to $2 or make the company an attractive takeover target. Taking the share price from close to $2 to the low 40c is not my idea of doing a good job. I know it is harsh and many gold companies have fared worse but only RMS has the highest grade gold mine in Australia.
I am not in the gold management business so I do not know how the above can be achieved but I do know what is expected of me in my job and I would have lost it had I performed like RMS this past 2 years.
This thread is full of praise for RMS and how the company has $100m in the bank and achieved such high grades. All I am saying is - look at the share price - because that is all that matters in the end. A 5c dividend is not worth much to a share holder that paid $2 a share when the share price in in the mid 40s and trending lower.
I say a takeover could not be any worse than the current situation.
Well TE,you ask what I want from management. Simple. Either take...
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Last
$2.20 |
Change
0.090(4.27%) |
Mkt cap ! $2.520B | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.20 | $2.10 | $12.52M | 5.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37204 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 352533 | 24 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |