RMS ramelius resources limited

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    lol jojo,

    Many funds participate in share placements to sell on market once they receive the shares. Usually the market price is at a premium to the placement at time of release, and they can pocket the difference :) Sometimes they lose on the deal :( Sometimes, funds will run up a share price to the date of release and then dump on the day. In the case of RMS, no run up, the market premium is lost, placement participants will let go at a loss.

 
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$2.51
Change
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