RMS 1.04% $1.94 ramelius resources limited

RMS - Still the standout performer over the last 5 years despite...

  1. 3,612 Posts.
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    RMS - Still the standout performer over the last 5 years despite losing a little traction over the last 2 months, I personally think an acquisition is needed to boost reserves and relatively soon as any junior explorer with a decent resource is going to be snapped up soon-ish, Few gaps on the chart i think it will go back and fill, they do have enough cash on hand for an acquisition but i feel anything of a decent size acquired would deplete current cash reserves too much, so they either wait for another few months for cash to build or do a small (comparative to MC) CR - which one is anyone's bet, just my opinion, good luck all.



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Last
$1.94
Change
0.020(1.04%)
Mkt cap ! $2.216B
Open High Low Value Volume
$1.93 $1.95 $1.91 $4.766M 2.470M

Buyers (Bids)

No. Vol. Price($)
2 14180 $1.93
 

Sellers (Offers)

Price($) Vol. No.
$1.94 47251 3
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$1.93
  Change
0.020 ( 0.25 %)
Open High Low Volume
$1.94 $1.95 $1.91 652487
Last updated 15.59pm 06/05/2024 ?
RMS (ASX) Chart
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