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  1. #4231
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    Quote Originally Posted by troyvdh View Post
    580 cheez Wayne...strewth ,,,
    Think everyone is waiting for a capital raise. My Broker indicated as much today.

  2. #4232
    ShareTrader Legend bull....'s Avatar
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    hugely discounted one for sure as next yrs cash crunch eventuates i reckon
    one step ahead of the herd

  3. #4233
    Legend Balance's Avatar
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    Quote Originally Posted by bull.... View Post
    hugely discounted one for sure as next yrs cash crunch eventuates i reckon
    2 for 5 at $4.50 per share to raise $900m to make a meaningful dent on debt level?

    Should have done a capital raising when sp was $16 but debt was of course very attractive then to get maximum leverage to the booming property market.
    Last edited by Balance; 16-12-2022 at 06:29 PM.

  4. #4234
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    Swala ...your broker have you asked him about his exposure personally to RYM.cheers

  5. #4235
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    Quote Originally Posted by troyvdh View Post
    Swala ...your broker have you asked him about his exposure personally to RYM.cheers
    Didn't want to embarrass him!

  6. #4236
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    Gee - SP $12.50 down to almost $5.80 in 12 months - absolutely brutal IMO

    Wonder how MET is faring under owners after T/o ?

  7. #4237
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    [QUOTE=nztx;986223]Gee - SP $12.50 down to almost $5.80 in 12 months - absolutely brutal IMO



    Yeah brutalism big dump about Five o'clock fetched it right down did not expect to get any at that price ( $5.81) just yet ! especially after it fought back up and rallied at Six & just above all day

  8. #4238
    Guru Rawz's Avatar
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    Everyone thought OCA was the dog of the sector but all along it was the debt hungry beast, RYM

  9. #4239
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    Quote Originally Posted by Rawz View Post
    Everyone thought OCA was the dog of the sector but all along it was the debt hungry beast, RYM
    How did RYM get from being the darling of the sector to this state ? Hard to understand, really !

  10. #4240
    Legend Balance's Avatar
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    Quote Originally Posted by limmy View Post
    How did RYM get from being the darling of the sector to this state ? Hard to understand, really !
    Leverage is wonderful on the way up - nasty on the way down.

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