RMS 1.15% $1.98 ramelius resources limited

March 10- RMS' date with destiny, page-4

  1. 36,793 Posts.
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    True although with franking credits and a the phsychology of being a didvidend yielding stock it will be worth more to SP than the 1 or 2 c.Franking credits are something the company will want to distribute to shareholders at some point .

    I see on comsec RMS are on a PE of 12.2 now !
    To my thinking based on what they are doing now (not their potential) they seem fairly priced so harder to get rises apart from operational success or other major developments .
    I'm keen to keep holding because I believe these things can come,because of possibility of a takeover and (because of uncertainties in the world) my belief in upside to gold price.
    Unless the gold price moves sharply I'd expect to see more gradual growth in RMS SP now but I can live with that !
 
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Last trade - 13.22pm 07/06/2024 (20 minute delay) ?
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