RMS 0.91% $2.22 ramelius resources limited

Thanks rise Probably not. I have nothing more to say. I see...

  1. 2,563 Posts.
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    Thanks rise

    Probably not.

    I have nothing more to say.

    I see deflation and bought RMS because it was trading at a low pe when cash holdings are considered.

    I wanted RMS to hedge most of its production. They didn't. I don't know why miners speculate on the price of something like gold. If they are so good at picking the gold market, they should get out of mining and start a hedge fund or something.

    There is always the possibility for gold to rise drastically (there is also possibility for it to fall) and that is why 2% of my portfolio will be long dated out of the money calls on the index.

    For me to like a stock I want the stars to align and unfortunately, management has been very irresponsible in my opinion.

    I am not suggesting everyone sells and follows my course of action
 
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Last
$2.22
Change
0.020(0.91%)
Mkt cap ! $2.544B
Open High Low Value Volume
$2.20 $2.23 $2.20 $10.65M 4.811M

Buyers (Bids)

No. Vol. Price($)
8 272418 $2.20
 

Sellers (Offers)

Price($) Vol. No.
$2.22 233080 4
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
RMS (ASX) Chart
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