Now, RMS SP is lower than SBM's ($1.37 vs $1.377). Recent short postions do increase but not ferociously.
I reckon some big hand is purposely driving the SP down by selling from its right hand to left hand (hence no significant change announced either apart from VE increase holding). But I can't figure out what's the theory behind that. Yes, SLR overall is better than RMS, but can't be this much. While GOR production is still far behind but its SP/MC have been leading in recent days. SLR short positions is at similar trend as well:
Strange time...
How low will they drive RMS SP down
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Last
$1.96 |
Change
0.075(3.98%) |
Mkt cap ! $2.240B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.92 | $38.99M | 19.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76412 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 265057 | 9 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RMS (ASX) Chart |