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

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rvajna

8,173 Posts.

592

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 $1.98		Change 0.035(1.80%)		Mkt cap ! $2.257B

Open	High	Low	Value	Volume
$1.96	$1.99	$1.95	$5.818M	2.952M

Buyers (Bids)

No.	Vol.	Price($)
1	10000	$1.97

Sellers (Offers)

Price($)	Vol.	No.
$1.98	10999	2

View Market Depth

No.	Vol.	Price($)
1	10000	1.970
1	3391	1.965
9	96777	1.960
3	16196	1.955
5	40907	1.950

Price($)	Vol.	No.
1.980	15697	4
1.985	43277	6
1.990	69748	6
1.995	22283	4
2.000	108115	16

Last trade - 16.10pm 07/05/2024 (20 minute delay)


Last $1.97			Change 0.035 ( 2.23 %)
Open	High		Low	Volume
$1.97	$1.99		$1.95	1063461
Last updated 15.59pm 07/05/2024 ?

RMS (ASX) Chart

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