RMS 1.56% $1.95 ramelius resources limited

It's hard to know what is happening with RMS, there were 700,000...

  1. 373 Posts.
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    It's hard to know what is happening with RMS, there were 700,000 shares sold into close but huge support was there to hold it up. Only 1c down for the day. Not sure if it's short selling or someones taking profit. It seems like both. There's not a lot of shorters in the stock only 1% so I would say majority are profit takers. looks like .73 may have been the low as the volume was up quite a bit today propping up the price. Wish I had bought another parcel there but had my buy @.725. Not sure if it will get down there again but will keep it there just in case. If the POG holds up tonight as it's all over the shop ATM we might see a push on to .80. Not out of the question. AUD up due to RBA leaving interest rates on hold so Ausie gold down. Very good chance of a rate cut next month. I think $1 before $2000 gold.
 
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