Only on-market trades affect the price.
Sometimes institutional investors (funds, banks, brokerages) sell down a portion of their stock, to cause a price decline to a target level, triggering stop losses (and panic selling), so they can accumulate at a low price.
A catalyst might be required (gold price rise, or positive news) to get RMS moving back upwards. It's trading about 40% below the average analyst price target at the moment.
Only on-market trades affect the price.Sometimes institutional...
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 (20min delay)
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Last
$2.09 |
Change
0.000(0.00%) |
Mkt cap ! $2.393B | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.09 | $2.04 | $5.465M | 2.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 90183 | 6 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |