I am lookin at RMG right now.
19 trades (1,118,475 volume - $49,907
value) previous close .043, has been up to .047 but is back to
.045.
Best sell price .05 with 200,000 on sale, best
offer 1,025 @ .043.
----- Original Message -----
Sent: Friday, October 03, 2003 11:45
AM
Subject: RE: [sharechat] RMG - up 24% at
1:30
Where can you find out the number of buy and sell
orders?
-----Original Message----- From: sharechat-owner@sharechat.co.nz [mailto:sharechat-owner@sharechat.co.nz]On
Behalf Of Shayne King Sent: Friday, 3 October 2003 1:43 p.m. To: sharechat@sharechat.co.nz Subject:
[sharechat] RMG - up 24% at 1:30
It may actually be that RMG is
finanlly on the move. Have hovered around 3c - 4c for the last year after
their huge tumble from 25c. After looking at their latest financials it
appears they have managed to obtain a very realistic team eg make it no
secret that the last year has been extremely bad, also note that revenues
have been spiralling downwards and hit hard in the last year. Cashflow
still very poor and only managed to stay positive due to issue of more
shares/convertibles/options. Liquidity is very poor 0.4, however since dec
00 has averaged 0.8. Revenues are down by 32% compared to last year.
However, what amazes me is that with all this doom and gloom they have
still managed to win significant contracts eg National Aus Banks 92m of
debt, debt recovery contract with telstra (3year). Still a highly risky
stock however could show promise if you want to buy into managements
realism.
Also to note, at 1:30 today they had 500,000 buy orders with
no sell
order.
regards shayne
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