i can understand that funds dont invest due to rms being mainly a one mine company with few reserves compared to others.
we all know that wd is hard to prove without excessive drilling.
but you would think with a market cap of $140mil and $80mil in the bank(effectively 60mil mc)and producing a pre tax profit of 28-38mil that more would take notice.
i think until they can either give a clearer guidance(resources) on wd or a decision to mine on mt m then there will be no big jump in price and unfortunately we will just have to put up with 10-20pc divvies.
good for long term
not so good for short term
such is life
new ann in, page-11
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Last
$2.17 |
Change
0.010(0.46%) |
Mkt cap ! $2.489B | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.18 | $2.13 | $6.562M | 3.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3744 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 102595 | 4 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |