The current downward trend is heavily correlated with POG: gold in AUD peaked on 9 May and RMS peaked five days later on 14 May. The next leg up of gold is only a matter of time. I believe, a trend reversal is likely in the second half of 2018. And if that happens RMS has the potential to reverse with force because the fundamentals just keep improving.
The current downward trend is heavily correlated with POG: gold...
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Last
$2.28 |
Change
0.140(6.54%) |
Mkt cap ! $2.617B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.30 | $2.18 | $24.38M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 48057 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 5243 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |