Hi isladar. Funny you ask that I was looking at RMS yesterday thinking they are cheap with the amount of cash they have. If mt magnet ramp up goes as they forecast then I'd say they are $1 in 18 months time.
They are an old favorite. Market lost faith when they saw the cash being spent as wattle dam slowed down and mt magnet was being prepped but the ramp up seems to be progressing ok so far.
Prefer SBM at the moment but if they got taken over I'd seriously look at RMS again.
looking good, page-13
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Last
22.5¢ |
Change
-0.015(6.25%) |
Mkt cap ! $184.0M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 22.0¢ | $578.7K | 2.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 333834 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 522062 | 8 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |