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Looks like the grim reaper is coming in the short term. These...

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rvajna

8,297 Posts.

606

23/04/24

02:42

Post #: 73466447
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Originally posted by deserthead: ↑

The MO from investors the last few years in relation to the gold miners has been to sell/short on strength. Most investors nowadays are incapable of determining true value, and that is even more the case with the gold miners. This market is now enamoured with meme stocks and investors are mostly momentum chasers today.
I suspect they'll get dragged kicking and screaming toward reality at a point that it becomes impossible for even the dumbest of the dumb to ignore the bottom line and the substantial dividends that are most assuredly coming.

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Looks like the grim reaper is coming in the short term. These type of comments serve to validate this.

RMS Price at posting: $2.06 Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last $1.85		Change -0.013(0.67%)		Mkt cap ! $2.120B

Open	High	Low	Value	Volume
$1.88	$1.89	$1.84	$4.570M	2.457M

Buyers (Bids)

No.	Vol.	Price($)
26	30135	$1.85

Sellers (Offers)

Price($)	Vol.	No.
$1.85	60774	29

View Market Depth

No.	Vol.	Price($)
25	32419	1.845
23	57314	1.840
15	111875	1.835
11	282020	1.830
5	11501	1.825

Price($)	Vol.	No.
1.850	53651	25
1.855	72237	50
1.860	96364	33
1.865	114092	23
1.870	64742	19

Last trade - 13.41pm 17/06/2024 (20 minute delay)


Last $1.84			Change -0.013 ( 0.70 %)
Open	High		Low	Volume
$1.89	$1.89		$1.84	803392
Last updated 14.00pm 17/06/2024 ?

RMS (ASX) Chart

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