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
$1.89 |
Change
-0.045(2.33%) |
Mkt cap ! $2.162B | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.94 | $1.88 | $7.821M | 4.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 89751 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 14263 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |