RMS 5.07% $2.06 ramelius resources limited

RMS at key support levels, page-96

  1. 4,243 Posts.
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    Think there is a couple of significant support lines that RMS has to breech before it drops sub $1. Still looks ugly after breaking It's long term uptrend however it has yet to break March lows of $1.18 and there is solid support at $1.08. Fundamentally, if it breaks $1.08 it will be screaming buy me. I personally will back the truck up if it falls below $1.08.
    At 94c it has fallen to scrap value NTA $0.78 plus EPS $0.15 = $0.93
    https://hotcopper.com.au/data/attachments/3631/3631828-87e141bfa8cbbeee620d6ee13981ad5d.jpg

 
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