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.
Let’s assume that RMS was trading at the coveted $1.00 per share...
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Last
$2.11 |
Change
-0.030(1.40%) |
Mkt cap ! $2.428B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.15 | $2.09 | $1.732M | 818.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 13560 | $2.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.12 | 46033 | 43 |
View Market Depth
| Last trade - 15.35pm 07/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |