Let’s assume that RMS was trading at the coveted $1.00 per share level. That would place the company at approximately 30% of the market cap. of SAR and 25% of RRL.
My view view is that at $1.00 RMS represents excellent value compared to its peers. What does that say about the current price of RMS? I believe that yesterday’s big gain is not going to be the last time we see that sort of action as value catch up occurs.
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RMS
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3.48%
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$2.53

RMS relative valuation update
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Last
$2.53 |
Change
0.085(3.48%) |
Mkt cap ! $2.909B |
Open | High | Low | Value | Volume |
$2.44 | $2.53 | $2.42 | $12.53M | 5.083M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 123311 | $2.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.53 | 122882 | 35 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 156231 | 2.520 |
19 | 108358 | 2.510 |
20 | 127629 | 2.500 |
23 | 238374 | 2.490 |
15 | 368674 | 2.480 |
Price($) | Vol. | No. |
---|---|---|
2.530 | 111355 | 25 |
2.540 | 190625 | 28 |
2.550 | 199400 | 18 |
2.560 | 260815 | 14 |
2.570 | 42791 | 8 |
Last trade - 12.18pm 15/07/2025 (20 minute delay) ? |
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RMS (ASX) Chart |
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CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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