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
6.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.68M |
Open | High | Low | Value | Volume |
6.3¢ | 6.4¢ | 6.3¢ | $4.308K | 67.31K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 179906 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 300000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 179906 | 0.063 |
1 | 40000 | 0.062 |
1 | 409836 | 0.061 |
2 | 36666 | 0.060 |
3 | 372881 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 300000 | 2 |
0.065 | 311677 | 4 |
0.067 | 10847 | 1 |
0.068 | 36000 | 2 |
0.069 | 12961 | 2 |
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