not really, the RMS share price went below the trailing stop loss as set out by the ASI newsletter. So the lemmings are wanting out, it'll probably be about a week before they're drained out of the system depending on how many followers they have. The market is not putting much value into Mt.Magnet, personally I'm not either (just the $40million RMS paid for it at this stage of the game) - I find it quite neat that a smallish JORC resource at WD is worth lots lots more than a mega 3moz+ JORC resource at MtMagnet :)
rms undervalued?, page-6
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 (20min delay)
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Last
$2.14 |
Change
0.040(1.90%) |
Mkt cap ! $2.456B | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.15 | $2.07 | $5.340M | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 96948 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 39393 | 3 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |