RVR 0.00% 7.3¢ red river resources limited

What is going on!!!, page-62

  1. 725 Posts.
    lightbulb Created with Sketch. 31
    *start sarcasm*
    Ah yes because the stockmarket always trades in a 100% predictable way with measured reactions to anything that occurs within a sector or the price of a commodity. The sell-offs are always exactly proportional to a company's worth at the time and so are the buys when a company is starting out. Buyers never assume growth when purchasing a stock at high multiples. */sarcasm*

    Sorry - Back to reality now. This is the ASX. No-one, unless they are a mindreader of everyone buying and selling in a market, or Nostradamus, knows definitively why a price of a stock is increasing or decreasing. All they can do is look at the data, and the charts, and have an educated guess.

    The reason why I didn't answer your question is because no-one can definitively answer your question.

    A 10 second look at the Zinc Spot Price, and then another 10 second look at the RVR price shows a fairly predictable and exact trend. Will the stock break away from that trend eventually with increasingly better reports and stronger fundamentals? Maybe. Will it be less volatile with growth? Maybe?

    Maybe the whole reason why I've started posting in here today is that I've had my eye on it for a while, and for the reasons you state, I might think its undervalued at the moment?

    "This stock has been an absolute dog for me, and it will continue to be an absolute dog, and look how much of a dog it is compared to other stocks" only needs to be written once to get through and be acknowledged. It doesn't really need to be repeated ad nauseum.
 
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Currently unlisted public company.

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