I can see RMS with 100million in the bank by next june, which justifies at the very minimum a 50 cent share price.
I have done a lot of research into who is running the company and currently some of the best people in australia have the helm.
The last two weeks of research have been very interesting, the new mananging director is a bit like joe in manny ways, in that he is good at sourcing very good geologists and putting together a good team as a whole with sufficient industry experience to make him an extemely valuable asset to the company.
consevative valuation
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Last
$1.87 |
Change
-0.070(3.61%) |
Mkt cap ! $2.137B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.93 | $1.87 | $4.239M | 2.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1484 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 28072 | 3 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |