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
$1.04 |
Change
0.000(0.00%) |
Mkt cap ! $409.3M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.04 | $1.03 | $35.64K | 34.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 8403 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 2205 | 2 |
View Market Depth
| Last trade - 12.13pm 12/09/2025 (20 minute delay) ? |
| RMC (ASX) Chart |