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RM2 Rm2 International S.a.

8.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Rm2 International S.a. RM2 London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 8.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
8.50 8.50
more quote information »

Rm2 RM2 Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

Top Dividend Posts

Top Posts
Posted at 05/2/2022 20:53 by mikecook
I believe they have been withdrawn from CREST and are held directly with the Registrar - see hxxps://rm2.com/investors/#trading

I suggest getting in touch with the Registrar or the Company and making sure that your name is on the shareholders Register. Or you might miss out on whatever you are getting in exchange for your shares.
Posted at 05/2/2022 20:43 by solrei
Where are the shares currently been held. Im constantly told by my broker they have not received any Information from RM2 since delisting
Posted at 05/2/2022 20:39 by solrei
Where are the shares currently been held. Im constantly told by my broker they haven't received any I go from RM2 since delisting
Posted at 05/2/2022 14:54 by mikecook
So, fellow 1.6%ers (and does that include the debris of the Woodford funds?), what do we make of this:

hxxps://www.digitaljournal.com/pr/arc-group-worldwide-inc-announces-the-closing-of-the-business-combination-with-rm2-international-s-a-2

Having read it a couple of times, I'm still not sure who's acquiring whom; but I'm sure our loyalty to the Company will be rewarded.

Have things come good at last?
Posted at 14/7/2021 18:58 by mikecook
You were probably sent it when the shares were withdrawn from CREST, but if you can't find it Computershare can reissue it. They'll probably be more help than the company, who probably won't know who you are without asking Computershare anyway.

If there's ever a dividend (Ha!), you'll want them to know where you are!
Posted at 14/7/2021 17:30 by mikecook
You probably ought to get in touch with RM2 or Computershare (their Registrar) and make sure your details are correct on the shareholder register. The EGM is next Thursday, 22 July.
Posted at 27/6/2019 08:27 by masurenguy
From todays issue of The Times.
I've never invested here either.

"RM2 has proved an object lesson in how to turn a smart idea into a rotten business. Despite the business-savvy board, RM2 made two basic errors. It failed to find a cost-efficient way to make its pallet. Losing $77m on just $104,204 sales might be understandable in 2013’s start-up phase. Yet even by 2017, the latest full-year figures, RM2 still only had $6.6m sales — but $44m losses. In fact, in five years, losses total $280m.

John Walsh left in June 2017, with RM2 now on to its third chief executive, though Mr Molson, Lord Rose and Paul Walsh are still aboard. And one investor has kept the faith, upping his stake from an initial 9% to 40%: yes, Mr Woodford. Still, no escaping the unpalletable truth: even good ideas like Blockpal can leave you looking a bit of a blockhead."

hxxps://www.thetimes.co.uk/edition/business/a-not-so-palletable-investment-k3jbwttm5
Posted at 26/6/2019 21:40 by volsung
Orangemen burn loads of pallets every July. Could they save RM2?
Posted at 26/6/2019 10:52 by zen12
Not end of world, maybe investors have missed this trading update hidden behind the announcement '.. Trading updateRamp-up of pallet deployment in the pharmaceutical sector continues and the Company has recently signed further contracts in the food preparation sector, based on recommendations from a Fortune 100 company which prescribes the use of RM2 pallets by its suppliers. Discussions for a large contract with a well-known multinational are promising and the Company hopes to be in a position to announce the signature of that contract in the near future.The Company's cash balance at the end of May 2019 was US$3.3 million. The Company's expected monthly cash burn including cash being invested in the production of pallets to meet demand, is approximately US$2.3 million, prior to any deferral of scheduled payments.
Posted at 26/6/2019 08:10 by pugugly
My my - The fat head office cats really pulled the wool over Woody's eyes - Great idea from those so isolated from the real world of warehousing that they were able to enthuse those who were city-centric and were also too far removed form the oily-rags who would have to use the new fangled - super heavy VERY EXPENSIVE pallets which initially were too slippery -
Is this the end of the road for RM2?

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