Hi Markco,
agree with your charts.
The results don't look good for FMS, the wording "encouraging results" in the announcement can also be considered as a hint to actually bad results. They just don't wanna publicly spook investors, thus the cautious wording.
The market Cap is still extraordinarily high, 160 M $ market Cap with a non-Jorced resource, a lot of impurities in the FE and especially other iron ore juniors, miners trading at all time lows.
I remember myself being a promoter of MXR ( Kevin Wills second company) and only considering the positives while I forgot about the risks, the negatives, and other concerns due to my one-eyed views. I guess I just didn't want to admit to myself that I could have been wrong with my decision to invest in that company.
Some people who were non-stock holders finally enlightened me and I realized that i was constantly day dreaming about those conceptual targets which we considered to be in the ground inevitably . I sold out prior to the results and spared myself a lot of cash due to listening to some objective views.
I guess a lot of ppl are doing the same mistakes in here because they get all worked up about this stock and fall in love with FMS.
I hope some ppl will realize the truth behind this company and are aware of the 160 M $ market Cap being unreasonable for what they've done yet. I am not trying to downramp as I am by no means interested in investing in this mob again.
Good luck to all holders.
Cheers
- Forums
- ASX - By Stock
- RHK
- summary
summary, page-32
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RHK (ASX) to my watchlist
|
|||||
Last
82.0¢ |
Change
0.020(2.50%) |
Mkt cap ! $163.8M |
Open | High | Low | Value | Volume |
82.0¢ | 83.0¢ | 82.0¢ | $1.746K | 2.125K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 42 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.5¢ | 7842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42 | 0.800 |
1 | 2531 | 0.770 |
1 | 16200 | 0.760 |
2 | 5573 | 0.740 |
1 | 1309 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.815 | 7842 | 1 |
0.820 | 4641 | 1 |
0.870 | 3999 | 1 |
0.880 | 10355 | 1 |
0.890 | 2368 | 1 |
Last trade - 14.11pm 25/07/2024 (20 minute delay) ? |
Featured News
RHK (ASX) Chart |