Red has a Mkt Cap of $578 M and when you add in the expected premium to be paid makes it too expensive when you compare the two operations.
And that is before you take into consideration Red's debt and ASIC problems. In today's market where the future price of gold is uncertain it would be folly for RMS to risk everything by "trying to bite off more than it can chew".
- Forums
- ASX - By Stock
- RMS
- RUNNING DISCUSSION
RUNNING DISCUSSION, page-17
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B |
Open | High | Low | Value | Volume |
$2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 96948 | $2.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.15 | 39393 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 715 | 2.130 |
4 | 29735 | 2.110 |
2 | 7735 | 2.100 |
2 | 10235 | 2.090 |
2 | 7715 | 2.080 |
Price($) | Vol. | No. |
---|---|---|
2.160 | 3600 | 1 |
2.170 | 7060 | 1 |
2.180 | 46639 | 3 |
2.190 | 10443 | 1 |
2.200 | 71043 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |