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6.3¢ rpm automotive group limited

Ann: Trading Halt, page-59

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GKeden

2,010 Posts.

115

18/04/24

12:03

Post #: 73405210
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Originally posted by MIStragic: ↑

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".

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Hello. You are ruining our fun. Did you receive an invitation to this party?

RPM Price at posting: 7.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.3¢		Change 0.001(1.61%)		Mkt cap ! $15.44M

Open	High	Low	Value	Volume
6.3¢	6.4¢	6.2¢	$64.60K	1.016M

Buyers (Bids)

No.	Vol.	Price($)
2	397270	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.3¢	66	1

View Market Depth

No.	Vol.	Price($)
2	397270	0.062
2	391511	0.061
7	410316	0.060
1	17241	0.058
1	16888	0.055

Price($)	Vol.	No.
0.063	66	1
0.065	68220	3
0.068	36000	2
0.069	13800	2
0.070	106230	1

Last trade - 15.20pm 13/06/2024 (20 minute delay)


Last 6.3¢			Change 0.001 ( 3.28 %)
Open	High		Low	Volume
6.4¢	6.4¢		6.2¢	266509
Last updated 15.20pm 13/06/2024 ?

RPM (ASX) Chart