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RMC, RESIMAC GROUP LTD
terrine
post Posted: Mar 1 2017, 11:23 AM
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Forced to accept a reverse takeover by a tired and incompetent board that categorically claimed a SP retreat should we not accept the best they could do...AND HERE WE STAND
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terrine
post Posted: Oct 11 2016, 08:07 AM
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really is a pity they cant put the cpmplete brrom to the board of this underperformer
reading the Chairmans EGM comments from yesterday
1. independant advice states the takeover is not fair but reasonable (WTF does that mean)
2. and if we dont vote yes the shareprice will retreat once again
Liquidity has always been a shareprice handbrake and the board needed to get out and make major purchases and and increase and enhance the sharebase,
but in the absence of that capability this is where we are, damned if we do damned if we dont


 
terrine
post Posted: Jul 29 2016, 04:18 PM
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reverse takeover leads to SP improvement from doldrems

up 35 % last 2 weeks

new shareholders and liquidity may help this bloke up to the level it desreves

 
terrine
post Posted: May 1 2015, 09:40 PM
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Mark Bouris sniffing about leads to 10% increase today on speculation.
Shareprice has drifted recently and certainly deserves a more positive rating by the market, even at todays close its trading on a PE of 10, banks are trading at 16.

 
terrine
post Posted: Aug 25 2014, 09:50 AM
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Perhaps not as good as hoped for FY and there are a few unhappy sellers there at open.
Still, a 6.25% net return at 80cps (9% including franking)
A buy on any further weakness????
XD 15/9


 
wolverine
post Posted: Feb 28 2014, 07:20 PM
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In Reply To: terrine's post @ Feb 28 2014, 03:02 PM

Thanks T.



--------------------
TOO MANY CHIEFS

NOT ENOUGH INDIANS
 


terrine
post Posted: Feb 28 2014, 03:02 PM
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If you r looking for for fully franked divs have a look at this one.
cum dividend for another week.
paying 7.5% plus franking or a grossed up 8.5%
2 biggest shareholders, macquarie and NAB
has never missed a dividend in 10 years since float.
see what you think, i have some, added more today

 
terrine
post Posted: Sep 12 2013, 01:44 PM
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In recent days founding director has sold down 12% (1.5million) of his holdings in what looks like 1 off market trade @ 88cps.
Who dun bought em?

 
terrine
post Posted: Apr 17 2013, 01:41 PM
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In Reply To: arty's post @ Apr 16 2013, 02:42 PM

Another rise of 12% so far today on the back of 13% yesterday.
good volume of trade for this stock today, traders taking profits I would suspect
Finally getting somewhere near its true value



 
arty
post Posted: Apr 16 2013, 02:42 PM
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In Reply To: terrine's post @ Apr 16 2013, 02:23 PM

I saw the announcements this morning and became interested myself.
but not at the current offer price. Pity there's no liquidity - but being so tightly held is probably the main reason for it.
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--------------------
I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan)

Said 'Thanks' for this post: terrine  
 
 


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