Do you understand maths? The stock is still up ~500% from when you wrote such tendentious nonsense, and that despite all the subsequent toxic events. Could it fall further? Of course, it’s illiquid and easily moved around, but you would have missed out on massive gains basis your “insight” (read sour grapes).
You are also totally wrong in your causation - it’s not about management, it’s about uncertainty. What causes the uncertainty?The court case over internal GPR ownership, and the subsequent fallout reaching over to RIM.
There are too many uncertainties to give a narrow price prediction, it’s a fools errand - if the arbitration goes in favour of RIM, and everything is cleared up, multiples higher of course; if the arbitration favours GPR’s case, much less, but still higher. There are plenty of other scenarios in between. The key is to understand the factors shaping price.
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RIM
rimfire pacific mining limited
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5.88%
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1.8¢

Do you understand maths? The stock is still up ~500% from when...
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $45.32M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $11.70K | 650.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 41264 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 645911 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 41264 | 0.017 |
1 | 1000000 | 0.016 |
2 | 838000 | 0.015 |
1 | 500000 | 0.014 |
1 | 76922 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 645911 | 1 |
0.019 | 1014703 | 2 |
0.020 | 23810 | 1 |
0.021 | 337014 | 3 |
0.022 | 1375000 | 2 |
Last trade - 13.16pm 20/06/2025 (20 minute delay) ? |
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RIM (ASX) Chart |