Forum Archive Index - October 2003

["allan russell" <allanrussell90@hotmail.com>]

Martin this is found on the ANZ share trading programe under Quotes , mouse 
it and look at them in depth, sorry Im in a hurry if you need more on this I 
will reply in depth tommorrow.
Allan.


>From: "Martin Ryan" <martin.ryan@slingshot.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: RE: [sharechat] RMG - up 24% at 1:30
>Date: Fri, 3 Oct 2003 13:45:48 +1200
>
>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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