RMS 2.10% $1.87 ramelius resources limited

Hi Dianella68, No I did not, thank you for correcting me and...

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    Hi Dianella68,

    No I did not, thank you for correcting me and pointing out the facts.

    RMS has sales of just under $130 million and went from a loss of just over $100 million the year before to a pre tax profit of $20 million.

    At a salary of $495,000, Mr Zeptner is paid around 0.4% of the companys turnover.

    The turn around story of RMS is just begining and one sparrow does not make a summer (as the saying goes).

    Whilst we are certainly on the right path and things are looking positive for the golden horse, I would prefer that another 12 months passes before we gift 0.6% of the companies issue capital to the Managing Director.

    In hindsight, I cannot help but think back to when RMS was trading sub 5c and wonder why our directors were not buying shares in significant numbers back then.
 
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