RCR rincon resources limited

RCR is predicted to pay 6c per share fully franked in August 08...

  1. 2,938 Posts.
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    RCR is predicted to pay 6c per share fully franked in August 08 Current Shareprice 1.10
    This is equilvilant to 7.8% return Before Tax
    Then consider the company is growing at 30% Plus per year and will continue to grow strongly over the next 2-3 Years at least.
    There are $80 Billion dollars worth of Infrastructure Projects in WA alone in the next 3 years.
    Companies like RCR will do very well servicing this industry.

    RCR should not be greatly affected by a recession or a metals price crash.

    $80 Billion has been committed by the mining and petroleum industry for expansion and new projects. RCR will be major beneficiaries to this massive amount of cash which is about to flow into this area.

    Ridiculously cheap for a growth stock.
    Directors Buying.
    2 x Funds Buying
    Panic, and one fund dumping has caused the share price to fall well below its peers and common sense.

    With gloom and doom comes opportunity.
    Worth doing the research on this one.






 
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(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $4.388M
Open High Low Value Volume
1.5¢ 1.5¢ 1.5¢ $1.5K 100K

Buyers (Bids)

No. Vol. Price($)
2 898511 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 425288 3
View Market Depth
Last trade - 09.59am 31/07/2025 (20 minute delay) ?
RCR (ASX) Chart
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