Strongly not in-favor. Why buy your share back when a company can invest it in the business.
Last time a checked RMS needs the $$ for Penny and EM developments, money better spent on that than a buy back.
A company should only do buybacks if they've run out of ideas on how to grow the business. Plenty of growing to be done on RMS.
Buy backs is good short term but I guess that is what most are on RMS for, short term...
Happy to hold long on this cash cow.
Is a buy back a silly idea?, page-3
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Last
$1.88 |
Change
0.005(0.27%) |
Mkt cap ! $2.148B | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.89 | $1.86 | $4.401M | 2.342M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 78805 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 149302 | 13 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |