You posted: "I am of the belief that RMS is over valued..."
RMS's enterprise value is currently 2.34X it's annual AISC margin. Good luck selling the "over-valued" label.
Further, RMS just checked in with a marginal miss on production but within guidance on a A$1525 upper bound AISC, despite having a 'hub and spokes' business model that relies on a lot of diesel fuel, and Covid to boot. MZ and Tim Manners continue to be excellent managers.
Apart from the potential for a broad market crash, and in my case a concern with the board chair, RMS is a screaming buy.
You posted: "I am of the belief that RMS is over valued..."RMS's...
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Last
$2.30 |
Change
0.070(3.14%) |
Mkt cap ! $2.640B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.30 | $2.24 | $19.11M | 8.371M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70624 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.30 | 181763 | 16 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |