RCR 2.94% 3.5¢ rincon resources limited

half yearly due this week, page-2

  1. 6 Posts.
    lightbulb Created with Sketch. 4
    Hi - I am a shareholder from GER and bought this company because I thought that it is cheap. Now it is even cheaper...

    It seems, that the reason for the heavy decline in the shareprice today is the bad result of the Construction and Maintenance division in the first half of this year. The report says:

    "Revenue decreased 4% to 71.3 million and segment result was down 62 % to 3.4 million. The delay in winning significant project work during the first half......."

    Hmmm - if they don't get work during this historic resource boom, when will they ? Or is it just a delay and we face a huge buyiung opportunity ? The market seems to be shocked. Who has more insight ?
 
watchlist Created with Sketch. Add RCR (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
0.001(2.94%)
Mkt cap ! $10.48M
Open High Low Value Volume
3.6¢ 3.7¢ 3.5¢ $43.75K 1.228M

Buyers (Bids)

No. Vol. Price($)
4 189251 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 405293 5
View Market Depth
Last trade - 15.45pm 09/08/2024 (20 minute delay) ?
RCR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.