I bought another overweight parcel of these on opening today. I got all euphoric after working out the PE is 2.8. Crazy cheap. Ive got a feeling Samscout is right about takeover. I think that is why management got cashed up when they did, i.e fend off lowball takeover and do some kind of deal or other. RMS just provides way to many cheap oz on a comparative basis, why would a major not be keen??? Im keen, im real keen.
And the main reason im real keen is that the gold market is in a real fizz. Could break below 1250.00 and in that case RMS will suffer and after recent revaluation i do concede that. But how much will they suffer? The economy is not suddenly all fixed and we all simply follow the U.S down the yellow brick road. Gold will have a second coming one way or another. If gold does drop you will be protected by the intrinsic value in RMS. It will hold while others die in butt hole.
And probably we get taken over, or in a nice little scenario gold goes throuh the roof.
Thank you once again management for the foresight of that cap raise. Excellent work from yorursleves and other gold management groups this incarnation.......which.might.not hav3 even got started.
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Last
$2.00 |
Change
0.040(2.04%) |
Mkt cap ! $2.285B |
Open | High | Low | Value | Volume |
$2.02 | $2.04 | $1.97 | $5.532M | 2.772M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 78838 | $2.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.01 | 124310 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3358 | 1.995 |
1 | 2477 | 1.990 |
3 | 13826 | 1.985 |
4 | 45515 | 1.980 |
6 | 36961 | 1.975 |
Price($) | Vol. | No. |
---|---|---|
2.010 | 93807 | 6 |
2.020 | 20571 | 4 |
2.030 | 4977 | 3 |
2.040 | 25347 | 5 |
2.050 | 62348 | 6 |
Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$1.99 |
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Change
0.040 ( 2.00 %) |
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Open | High | Low | Volume | ||
$2.03 | $2.03 | $1.97 | 657413 | ||
Last updated 15.59pm 07/06/2024 ? |
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RMS (ASX) Chart |