Hello. OK. Let's list the red flags more accuracy (rather than freak out to your generalisations hysteria):
1. $3,813,369 convertible note (plus interest) remaining from the 30/6/23 balance sheet
2. $4,756,633 deferred acquisition payment on the 30/6/23 balance (not detailed in the 31/12/23 balance sheet notes).
3. $4,248,872 in operating cashflow for 31/12/23, which was chewed up by payment for property, plant and equipment ($1,204,616); payment to acquired entities ($1,851,882); lease liabilities ($1,762,631) and finance ($235,408); repayment of borrowings ($1,083,097).
4. So, despite its positive operating cash flow (which we must assume is ongoing) and even the probably non-compulsory repayment of borrowings, the impression is RPM was not able to use operating cash to repay $2M for a convertible note and $2M CAPEX for new capital investment in a tyre recycling plant.
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Last
6.3¢ |
Change
0.001(1.61%) |
Mkt cap ! $15.44M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.3¢ | $13.18K | 204.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 264664 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.5¢ | 5395 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 264664 | 0.063 |
1 | 6643 | 0.062 |
1 | 112035 | 0.061 |
1 | 16949 | 0.059 |
4 | 144482 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 5395 | 1 |
0.068 | 220632 | 1 |
0.069 | 242996 | 2 |
0.070 | 70607 | 1 |
0.072 | 216858 | 1 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
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Change
0.001 ( 1.61 %) |
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Open | High | Low | Volume | ||
6.3¢ | 6.5¢ | 6.3¢ | 212159 | ||
Last updated 11.42am 17/05/2024 ? |
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