david25,
There are not too many companies making money at these levels. $1140US is about $1300 Aus.
You weren't at AGM and not sure if you read reports but at these levels RMS is making money, but only just.
They also don't need to do a capital raising, they have no debt, unlike most other gold stocks.
Gold companies have been smashed in last couple of years, and if gold falls much more there will be a lot of them going under.
With the massive amounts of debt worldwide, and unrest in areas, gold should be higher.
Gold is certainly not in favour at the moment, but it should be!
rms next stop 2 cents, page-2
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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
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.99 |
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 ? | |||||
| RMS (ASX) Chart |