RMS 0.53% $1.91 ramelius resources limited

If we assume RMS willhave $11 million after tax profit this...

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    If we assume RMS willhave $11 million after tax profit this year, a pe ratio of 12 would give rms a share price of 33 cents.

    RMS share price fell 4.3% last night in world markets
    I would expect an opening price today of around 73 cents.

    The share price could fall to 60 to 65 cents. I find that quite amazing considering they were $1.65 8 months ago.
 
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