I was a shareholder in all three companies (AVO/DIO/RMS) at the time of the takeover tussle, and I thought at the time that RMS had come out of it pretty well (and as far as I recall, that was the general consenus of opinion).
Maybe in hindsight it might not have been the best move, but it certainly provided a substantial injection of cash into RMS, and I wouldn't agree with some of the critical comments which have been made about the RMS tactics regarding Dioro.
Re the DRM investment, I see that as a sound investment, and I look forward to seeing what the long term plan is. I much prefer to see spare funds being put to work building for the future, rather having a capital return to holders.
Everyone is entitled to their opinion, of course, but as far as I'm concerned I would be happy if all the companies in which I have a holding had made the progress which RMS has made.
Cheers,
Mike
grade is king /cash to secure grade ! , page-7
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.92 |
Change
0.030(1.59%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.92 | $7.450M | 3.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72964 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 42195 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |