Australia's largest stock trading and investment forum Australia's #1 stock forum

RMS

Click for more information

0.51%

$1.96 ramelius resources limited

Why dont SLR and RMS merge? They are in the same location....

First 754 Last

Share
Profile

Follow
Fish890

226 Posts.

30

18/11/20

16:11

Post #: 48964814
Share

Originally posted by Ladytradr: ↑

I like to keep an eye on Silver Lake and RMS relative performances .... as both seem to be of a similar scale and market capitalisations.
Both currently looking a bit weak on charts but must surely be in accumulation territory for investors on any further weakness.
Perhaps the next corporate move may end up being simply a friendly merger of the 2 equals to ratchet up into the bigger indexes and rationalise the boards and head office duplication.

Now that CV19 looking like it may be going away, I expect corporate activity should increase with executives and banks emerging from their bunkers.

Expand

Why dont SLR and RMS merge? They are in the same location. Biggest economies of scale. Should take MGV with it as it is sitting in its lap.

RMS Price at posting: $1.82 Sentiment: Buy Disclosure: Held
8 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 1,653 more messages in this thread...

First 754 Last

Add RMS (ASX) to my watchlist

(20min delay)
Last $1.96		Change 0.010(0.51%)		Mkt cap ! $2.239B

Open	High	Low	Value	Volume
$1.99	$2.00	$1.96	$5.253M	2.659M

Buyers (Bids)

No.	Vol.	Price($)
4	25503	$1.96

Sellers (Offers)

Price($)	Vol.	No.
$1.97	8288	2

View Market Depth

No.	Vol.	Price($)
4	25503	1.955
4	19827	1.950
5	88798	1.945
4	26389	1.940
3	60566	1.935

Price($)	Vol.	No.
1.965	8288	2
1.970	37285	4
1.975	25611	2
1.980	36105	4
1.985	8071	1

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last $1.96			Change 0.010 ( 1.04 %)
Open	High		Low	Volume
$1.99	$2.00		$1.96	818499
Last updated 15.59pm 02/05/2024 ?

RMS (ASX) Chart