On face value, RMC's gearing appears to be extraordinarily high risk.
I am assuming the debt is being novated to institutions and it is they who are bearing the credit default risk. I have looked at the recent investor presentation and did not see any reference to this issue. If anyone has done any research on this issue I would be grateful if you could point me to a specific source so that I can do some due dilligence.
On face value, RMC's gearing appears to be extraordinarily high...
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Last
$1.05 |
Change
0.010(0.97%) |
Mkt cap ! $413.3M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.07 | $1.03 | $212.0K | 204.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| RMC (ASX) Chart |