Sold my 75% at 15.5c yesterday, it was trade of buy the rumor and sell the news... i had a large holding locked in profits...25% is free carried... I still feel it will move higher longer term but i feel still chance we might see pull back to 13c...yes it seems ridiculas but I knw stocks making $$$ trade under cash holdings...all about sentiment and POG movement in coming weeks and capex required to fund other projects...
I will be watching closely to re-enter as it is one of most undervalued gold producers... My biggest holding in gold stock is EVN, trades at PE 6 and my penny dreadful punt is UML, yes mine life issue but trades less than 50% of cash holdings, expecting a bumper quartely which could give sp 20-50% bump too...multiple mines like EVN is always is safer hold than single mine ventures... 1 mine hits bad grades or breaks down, still have others....if 1 mine,thats it....thats why I still want DRM and RMS merge or takeover....I feel that would be great outcome for both companies...
Sold my 75% at 15.5c yesterday, it was trade of buy the rumor...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.20 |
Change
0.030(1.38%) |
Mkt cap ! $2.525B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.22 | $2.18 | $5.466M | 2.485M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 256 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 3452 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |