I'm not telling people not to invest. I actually think rms is a good long term investment but it's ieven better choosing the best entry point. If people overpay now it's not a big deal if they are willing to wait out any correction or revaluation.
I have only one concern. Their ability to manage cash in a crisis . This is not me being negative but a real concern. I owned a nickel stock that had zero debt and $160 million in the bank, they lost the lot and went to 1800 million shares on issue .
I hounded the director to sit on that cash. I advised them to spit their bank balance between banks in the GFC. There is only so much one can do.
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market revaluation 40 cent to 60 cents possible., page-12
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Last
$2.07 |
Change
0.040(1.97%) |
Mkt cap ! $2.364B |
Open | High | Low | Value | Volume |
$2.04 | $2.08 | $2.04 | $2.913M | 1.416M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 92746 | $2.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.07 | 141858 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
51 | 59835 | 2.060 |
29 | 107140 | 2.050 |
16 | 70905 | 2.040 |
12 | 40874 | 2.030 |
7 | 43385 | 2.020 |
Price($) | Vol. | No. |
---|---|---|
2.070 | 125475 | 25 |
2.080 | 160084 | 25 |
2.090 | 139187 | 26 |
2.100 | 354523 | 23 |
2.110 | 76460 | 12 |
Last trade - 12.04pm 15/08/2024 (20 minute delay) ? |
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RMS (ASX) Chart |
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