RMS 4.67% $1.91 ramelius resources limited

Gold Stocks, page-36

  1. 1,919 Posts.
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    No I make no suggestions re any of your holdings. If you one like divvies go and buy the Banks or Telstra or an ETF. My only point was that a 200000 oz a year company with a Mine Life of 5 years has to spend money to maybe get it to the next tier as a gold producer. Throwing a bit of confetti at shareholders is not the way forward for RMS IMHO. You have seen the volatility in these types of stocks that crazy run from .99 down to .65 made no sense ..and now to 1.44ish. Speculators who like things that move will be in and out many times and that's ok. Providing a 2 cents divvie will not change these dynamics nor attract the type of shareholder that you think this company needs to gain credibility and reduce Volatility. Fact is no one knows where Gold or the A$ is going in the next couple of years. I have already sold part of my stake to produce a free roll and some cash as well. But if it goes crazy all I will want to know about is the SP not my DY.
 
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Last
$1.91
Change
0.085(4.67%)
Mkt cap ! $2.157B
Open High Low Value Volume
$1.90 $1.91 $1.87 $4.693M 2.479M

Buyers (Bids)

No. Vol. Price($)
1 311 $1.90
 

Sellers (Offers)

Price($) Vol. No.
$1.91 95161 13
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
RMS (ASX) Chart
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