I have been reading the RMS thread having bought at 0.50c and selling at different stages over $1.00. I became extremely concerned when RMS did a capital raising when they had a ton of cash in the bank.
For the new followers of D25 he has been calling RMS down from 50c to $1.80. Everytime it went up he became even more frantic with many posts containing blatant lies. He got embarrassed at an RMS AGM so i'm not sure if this is why he dislikes RMS so much.
However, RMS has fallen and you don't need 2,000 posts to tell you why. Wattle Dam ran out of gold, the gold price has fallen heavily and Mt Magnet is relatively high cost and has yet to hit commercial production (not saying that it won't).
rms 14.5 cents fair value, page-67
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Last
$2.03 |
Change
0.010(0.50%) |
Mkt cap ! $2.324B | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.03 | $2.00 | $7.448M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 111978 | 14 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |