Handful of goldies bucking the trend so far today. RMS is in this group which is a good sign. If it finishes green today it might be a sign that the market is belatedly recognising the Monday quarterly update and there is some accumulation going on. I don't know if it's my imagination but I think the re-rate normally happens on the actual quarterly for this stock.
I agree with the sentiment of @rhart3
I think this is one of those times when in retrospect everyone says "That should have been obvious"
RMS deserves a price of 48 cents (minimum) today IMO.
I don't think there is a safer bet in the gold producer market, that by the end of June this year the company will be trading above this level. How much above I don't know. It will seem obvious when we get there. Esh
Fundamentals Always Win, page-4
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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 |