Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
River And Mercantile Uk Micro Cap Investment Company Limited LSE:RMMC London Ordinary Share GG00BZ8VFG05 RED ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 166.50p 31,512 07:34:05
Bid Price Offer Price High Price Low Price Open Price
165.00p 168.00p 166.50p 166.50p 166.50p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 23.68 45.27 3.7 77.3

River And Mercantile Uk ... (RMMC) Latest News (1)

More River And Mercantile Uk ... News
River And Mercantile Uk ... Takeover Rumours

River And Mercantile Uk ... (RMMC) Share Charts

1 Year River And Mercantile Uk ... Chart

1 Year River And Mercantile Uk ... Chart

1 Month River And Mercantile Uk ... Chart

1 Month River And Mercantile Uk ... Chart

Intraday River And Mercantile Uk ... Chart

Intraday River And Mercantile Uk ... Chart

River And Mercantile Uk ... (RMMC) Discussions and Chat

River And Mercantile Uk ... Forums and Chat

Date Time Title Posts
31/8/201813:27River & Mercantile UK Micro Caps63

Add a New Thread

River And Mercantile Uk ... (RMMC) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all River And Mercantile Uk ... trades in real-time

River And Mercantile Uk ... (RMMC) Top Chat Posts

DateSubject
15/6/2019
09:20
River And Mercantile Uk ... Daily Update: River And Mercantile Uk Micro Cap Investment Company Limited is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker RMMC. The last closing price for River And Mercantile Uk ... was 166.50p.
River And Mercantile Uk Micro Cap Investment Company Limited has a 4 week average price of 164p and a 12 week average price of 163p.
The 1 year high share price is 214p while the 1 year low share price is currently 153p.
There are currently 46,445,043 shares in issue and the average daily traded volume is 31,696 shares. The market capitalisation of River And Mercantile Uk Micro Cap Investment Company Limited is £77,330,996.60.
15/7/2018
15:05
tin5866: Having bought this a few months back - when the discount seemed irrationally large - I am wondering if there is much point in continuing to hold it. Compulsory redemption means number of shares held reduces. Buying some more shares means more dealing costs (and shares now more expensive as discount has narrowed - although accepting that share price could go the other way as well). Compulsory redemption is also a nice payday for the manager (performance fee triggered). Any future compulsory redemption (always at NAV) could be when NAV is well below share price. Company will never pay dividends.
13/7/2018
19:58
westcountryboy: The shares are redeemed at the stated price so you are deemed to have sold them at that price and obviously you then have fewer shares. What the share price subsequently does is up to the market. The share price has been depressed recently for other reasons, to do with the forced change of management - perhaps unreasonably (I think so anyway). In the recent past RMMC traded at a premium to NAV which was probably also unreasonable. In general I think a discount of 5-10% to NAV is the most likely share price outcome going forward, assuming the market gets more comfortable with the new management's performance.
13/7/2018
16:08
dragonsteeth: Excuse my ignorance but this “Redemption221; is a new one on me, I’m more used to share buy backs . So the share price goes up , then at a certain date 10% approx of shares/ NAV is redeemed and the proceeds paid to shareholders of record. Presumably the share price will fall back close to price a few days ago but we receive extra money? Is that about right, thanks ?
River And Mercantile Uk ... share price data is direct from the London Stock Exchange
Your Recent History
LSE
RMMC
River And ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190615 22:38:31