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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rome Resources Plc | LSE:RMR | London | Ordinary Share | GB00BYY0JQ23 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-9.20 | -96.79% | 0.305 | 0.29 | 0.32 | 0.35 | 0.305 | 0.35 | 551,396,122 | 15:57:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5685E RMR PLC 1 June 2001 RMR plc ("the Company") - Strategic Repositioning In line with the strategic development of RMR's software platforms, organisations are now able to use its internally developed software to disseminate content to their relevant audiences through platforms such as online events, knowledge management portals and e-learning facilities. All of these three software platforms can be offered on an Application Service Provider (ASP) basis. The Board believes that the ASP model not only offers a broader revenue stream for the Company but one which is less risky as revenues are not solely derived from selling advertising space on the Company's own self-commissioned online conferences. The Company has now decided to move away from producing its own self-commissioned events and will instead seek to produce online events in closer partnership with third parties who already have existing content and community. The online conferences that are in the process of being organised to take place between June 2001 and November 2001 will go ahead as scheduled. As a result of this decision, the Company is scaling back headcount in its conference research, editorial and sales teams. This is likely to result in a reduction in its UK staff from 82 employees to around 40 employees. The Company is now embarking on the relevant consultation process and this is expected to be completed by early July 2001. As a result of this repositioning, the Board believes that it will be in a stronger position to invest further in the Company's work on software product development. 1 June 2001
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1 Month Rome Resources Chart |
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