RMS 1.59% $1.92 ramelius resources limited

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  1. 12,259 Posts.
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    You must be feeling lonely HSP.

    http://www.shortman.com.au/stock?q=rms

    Shorting a profitable company with plenty of cash, no debt, that is investing free cash flow into mine development and exploration in a sector that has outperformed all others sectors in the first quarter of 2016 and is going to be one of the only sectors that survives the stock dump that we will likely see in the next few weeks as the market gets the news that US GDP growth for the first quarter of 2016 is likely to come in at zero or near zero.

    I can think of thousands of companies I'd be shorting over the next weeks before I'd ever consider putting RMS on the list. We might see a pull back if traders take a window shopping mentality on gold stocks. The problem with window shopping is what's popular today might be out of fashion tomorrow. A solid pair of well stitched brown boots might not fly of the shelves but once you've got them home they'll last you a bit. Eshmun
 
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Last
$1.92
Change
0.030(1.59%)
Mkt cap ! $2.194B
Open High Low Value Volume
$1.94 $1.95 $1.92 $7.450M 3.862M

Buyers (Bids)

No. Vol. Price($)
4 72964 $1.92
 

Sellers (Offers)

Price($) Vol. No.
$1.93 42195 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RMS (ASX) Chart
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