RMS 3.02% $2.25 ramelius resources limited

Fundamentals always win

  1. 1,087 Posts.
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    Sorry to repeat myself but I just realised it was easier to copy my sentiments from 1st Jan. this year when the share price was 41 cents. I still believe this to be relevant now.

    "I agree with all the comments on this thread and it is naturally disappointing that the great quarterly result hasn't produced an immediate upswing. Ramelius is a classic example of a share that has languished in the past despite clear evidence that it's future is sound. In Dec. 2014 RMS was 4.3 cents, so 1,000% in 3 years isn't too bad, and in Feb 2017 it was 73 cents and I would argue the fundamentals now are better. I am only blogging to wish all holders well and encourage everyone that Patience really is a virtue that is hard to master and I am absolutely sure that the RMS share price will improve from here. Unfortunately I can't tell you how much. I think it really will be a Happy New Year to all riders of the Golden Horse I just don't know when, just like I had no idea it was coming when it went from 10 cents in April 2006 to A$2 in April 2007. I have always had the most confidence when the rest of the market disagrees, I think this is one of those times when in retrospect everyone says "That should have been obvious"
    Good luck everyone"

    Almost 50% since Jan. not too bad
    Last edited by rhart3: 08/05/18
 
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$2.25
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