yes, buy more. DYOR
If you check many many many share price movements across many many companies, you would notice a repeating pattern of accumulation at frustratingly low levels and then a "rocket" affect when normal trading resumes upon good news (expected by the accumulator).
Since there is nothing negative as far as I'm aware, this would simply be a repeat of that pattern. The low share price is often as a direct result of a major shareholder who sells into weakness to drive the price lower and hold it at a low range for as long as possible.
In my humble and unsophisticated opinion, buying here is a high probability trade to pay off in the next 3 weeks.
Keep in mind RMS reports around 22nd Feb. also the next FOMC is 22nd Jan and the next thereafter is only in March.
this means RMS may have a face-ripping rally in the next few weeks.
cheers
Fundamentals always win, page-80
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Last
$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $2.606B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.22 | $7.884M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29957 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 319256 | 8 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |