RMS 3.98% $1.96 ramelius resources limited

Thankyou so much for that - Definately taking that on board.I'm...

  1. 208 Posts.
    Thankyou so much for that - Definately taking that on board.

    I'm pretty new to all this but have just had alot of luck during the past 6 month bull market...

    I guess recently I have just been trading on financial reports being released being good/bad. On a few other shares I have traded a good P & L normally gives it a nice little kick up north...

    So, like you said, I'm just 'hunching' on RMS to provide a good P & L based on their cashflows report for June... Although the Net CF from Operating and Investing Activities is bad, alot of the outflow of cash looks like it's due to long term assets and other exphenditure that cannot be deducted straight away and also provide long term benefits. So taking that into account I'm just hunching that if you only reduce these by depreciation rather than the whole amount the overall profit won't look too bad, compared with the measly 600k net profit from this time last year...

    Anyway thanks so much traige for your advice :)
 
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