RPM 4.48% 7.0¢ rpm automotive group limited

Totally bizarre discussion which this post summed it all up, and...

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  1. 2,443 Posts.
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    Totally bizarre discussion which this post summed it all up, and answered my question - is this "company oversold" , but solid and investable?
    Nope, it's another example of profitless prosperity, an investment mirage - a child's view of RPM's chart shows its "flat lining".
    A basic trading strategy would see a "stop loss" at 30c, then 20c, and for those brave soul still SH's, 10c .... now, "investors" are bottom feeders.
    Good luck with that - this is NOT a tech stock, does NOT appear to have significant advantages in a fiercely contested market, hence doesn't have a moat, and has lots of debt .... so why be here ???
    My sentiment (if it was an available choice) would be "AVOID".
    https://hotcopper.com.au/data/attachments/6110/6110352-566a8835bbe26cf1c772599e84746c46.jpg



 
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Last
7.0¢
Change
0.003(4.48%)
Mkt cap ! $17.66M
Open High Low Value Volume
6.9¢ 7.0¢ 6.9¢ $8.534K 123.4K

Buyers (Bids)

No. Vol. Price($)
1 313088 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 423079 2
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
RPM (ASX) Chart
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