Thanks for that.
Unfortunately the A$ gold price averaged above A$2,650 in April when RMS sold heavily into their hedge and now that they should be selling at the spot gold price it's approximately $200 lower.
Lol they just can't seem to win with their hedging strategy.
Jim.
RMS Chart, page-25
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.08 |
Change
-0.030(1.42%) |
Mkt cap ! $2.377B | |||
| Open | High | Low | Value | Volume |
| $2.10 | $2.12 | $2.06 | $5.071M | 2.434M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2207 | $2.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 33647 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.09 |
Change
-0.030 ( 0.94 %) |
||||
| Open | High | Low | Volume | ||
| $2.11 | $2.12 | $2.06 | 649581 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| RMS (ASX) Chart |