I do agree with what you're saying but to put it in context we have seen some nice rising in RMS this year , also other golds and I'm sure we will see again both for RMS and most other golds .
The way I look at it is if the market always reflected "true value" there'd be less opp.'s for us bargain hunters and contrarians .
I've always felt the market has got it wrong much of the time and perhaps that is even more true today BUT I still believe at some point reality is appreciated and a fairer price results .
Perhaps RMS rise over the year from a low base is an example of this .
Hope I'm not being a dinosaur about this but I still value fundamentals above what's trendy .
RMS chart, page-63
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Last
$1.99 |
Change
-0.010(0.50%) |
Mkt cap ! $2.274B |
Open | High | Low | Value | Volume |
$1.97 | $2.01 | $1.95 | $4.089M | 2.061M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 118873 | $1.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.00 | 7561 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 93500 | 1.990 |
1 | 7735 | 1.985 |
2 | 12235 | 1.980 |
2 | 12791 | 1.975 |
1 | 7735 | 1.970 |
Price($) | Vol. | No. |
---|---|---|
2.010 | 22815 | 3 |
2.020 | 7487 | 2 |
2.030 | 7437 | 1 |
2.040 | 11935 | 2 |
2.050 | 36185 | 4 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.99 |
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Change
-0.010 ( 0.79 %) |
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Open | High | Low | Volume | ||
$1.97 | $2.01 | $1.95 | 487635 | ||
Last updated 15.59pm 24/05/2024 ? |
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RMS (ASX) Chart |