Tempting as you say to 'double down' and top up at these prices - my worry is that downward pressure will continue, at least in the short term. Acquisition risk (by take-over) at these prices, particularly with such a strong balance sheet and assets is making me think twice though. I support the view that there is something decidedly fishy that a well performing company is decreasing at a much faster rate than it's primary asset - gold is still near enough $1,800/oz (USD) and RMS can mine it for around $1,100 (USD) AISC. Something doesn't add up.........?
profit projection 300 million, page-25
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Last
$1.94 |
Change
0.075(4.02%) |
Mkt cap ! $2.220B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.94 | $1.88 | $6.442M | 3.348M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13041 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 44693 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |