I dont like this price drop.
Given different circumstances I would invest a lot of money in RMS but world conditions makes RMS as big a risk as a sub prime mortgage company.
External conditions beyond RMS control influence RMS success more than fundamentals or the ability of the board. The fact that external conditions play such a large role on success has spooked the market.
I think the market judgement of RMS has been reasonable considering this project was all pumped up and would spit out 200,000 ouces at a rate of knots.
The fear of the unknown is a powerful fear, especially when its your money.
I dont like this price drop. Given different circumstances I...
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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 |