Yes a signal to their mates and big clients...we've exited our shorts and time to go long
This solid quarterly is looking like the start of a turnaround in both sentiment and SP for RMS - and indeed other profitable Oz producers.
I think the market was expecting all producers to be overwhelmed by rising AISCs into unprofitability.
RMS management still need to be nimble in this environment
Ann: September 2022 Quarterly Rpt, Bartus Group & drill results, page-48
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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 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |