You are correct. If there was a major stockmarket crash like 2008. RMS would be back below $1 in a hurry. But within a very short period of time, it would rocket right past $2.
However,
The World has changed for the time being and Govt/ Central bank intervention via unprecedented money printing is insuring that markets are propped up.
But, once that is stopped, anything is possible in this Great reset.
One thing is for sure.
Fiat money is disintegrating.
A simple house in a ' nice ' suburb is $2-3 million for goodness sake.
Incredible.
( But there is no inflation) HAHAHA
You are correct. If there was a major stockmarket crash like...
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Last
$1.99 |
Change
0.010(0.51%) |
Mkt cap ! $2.298B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.05 | $1.97 | $10.33M | 5.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10064 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.99 | 56965 | 6 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |