RHM 0.00% 30.5¢ richmond mining limited

"non-sensical chartscharts to not factor in 100% financing for...

  1. 15,729 Posts.
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    "non-sensical charts

    charts to not factor in 100% financing for developmental mining projects"

    no, charts to factor in market forces, which are always immediate.

    nothing goes from 24c to $4 in a straight line, as much as you probably would like it to.

    and generally, many fundamental changes happen along the way. so using FA to determine a SP valuation in 2 years time is just as naive as using charting to determine the same, and will generally lead to disappointment
 
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