RPM 4.94% 7.7¢ rpm automotive group limited

Thanks nicto. I got another 500k to bring my holding to 1.5 m. I...

  1. tui
    4,837 Posts.
    lightbulb Created with Sketch. 164
    Thanks nicto. I got another 500k to bring my holding to 1.5 m. I dont need the money but I want to leave my two daughters as much as possible. I want to up my stake to 2m...at least.

    These are the factors which make me just love RPM

    1, The MD Mr Siller is 77 and has told a Broker mate of mine that he intends to go out 'in a blaze of glory'.

    2.They were cash flow positive in the last quarter and can look forward to further cash from the Growler and other associated fields.

    3.They are sitting on a potential 960BCF CSG from Pl171. Far out!!!!

    4.Their 7th largest shareholder is NZ's Hubbard and Churcher sitting at 6.2 m shares.

    5.They have further CSG acreage as well.

    6. Based on all the above they have the potential to go well over $2.00

    As always DYOR. I just look at the fundamentals and the big one ( PL171 CSG ) is being played out now.
 
watchlist Created with Sketch. Add RPM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.