RMS 4.14% $1.28 ramelius resources limited

is 5 cents reasonable?

  1. 834 Posts.
    lightbulb Created with Sketch. 8
    When the full year results are released, are we going to see a dividend?
    Is 5 cents too much to ask?
    That would be $14.5 million out of approx $100 million we have in the bank.
    Surely $85 million left to get Mt Magnet up and running is more than enough.
    There is constant cashflow from Wattle Dam, so regular dividends should be 'the norm' now.
    This is not 'the norm' for most gold producers but RMS is not your 'normal' producer!
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$1.28
Change
-0.055(4.14%)
Mkt cap ! $1.082B
Open High Low Value Volume
$1.33 $1.33 $1.28 $2.576M 1.985M

Buyers (Bids)

No. Vol. Price($)
12 51398 $1.28
 

Sellers (Offers)

Price($) Vol. No.
$1.28 114335 18
View Market Depth
Last trade - 10.39am 25/02/2021 (20 minute delay) ?
(live)
Last
$1.28
  Change
-0.055 ( 3.80 %)
Open High Low Volume
$1.33 $1.33 $1.26 430017
Last updated 10.58am 25/02/2021 (live) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.