Hey AV,
I can speculate all day, but really, there are a plethora of reasons.
I did note this table and the divided projection..... wow. yeild would be like 15% at current share prices!
Though just for fun here's some mild speculation, if.... RMS/SLR were to merge.. and it would be nil sum (then maybe the recent share price rise, is just making sure the market gets used to the ratio). Not saying I want that sort of outcome. I don't, but... trying to be open to events that are not too far 'out there'.
New broker reports, page-4
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Last
$1.92 |
Change
0.030(1.59%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.92 | $7.450M | 3.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 72964 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 42195 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |