RMS 3.52% $2.06 ramelius resources limited

where is the love for rammy, page-5

  1. 32,663 Posts.
    The simple fact is Bendo, that RMS is down so much because it was up so much. Even at 60c I would guess that a majority of holders are still well in front and when they get stuck for cash or are seeing their portfolio decimated they look to sell what they can, even a goldmine! As for worst performer, well look at OXR/OZL for example, another stock with plenty of holders from 10c.

    In hindsight we all shouda sold for $2 bucks, but if we had tried, the SP would have quickly gone down to below $1, so it's purely theoretical. I'm stll holding 2/3 of my original but RMS is already a 10 bagger plus so I am trying to be philosophical.

    Atm the prices of everything from US$ to gold. oil, metals are being swept about by market forces that have nothing to do with reality. In the meantime, we have good grounds to believe that RMS has a significant resource, we have a solid backer and funds, equipment is on site and mining is underway. Also the general consensus and common sense tells us that the pog should stay btwn US $750 - $1200 which is a good result either way.

    There is every possibility that we haven't seen the worst of this yet. US still hasn't faced the reality of their wrecked financial system. Having a stake in a nice little gold mine might be a comfort in the months to come regardless of how the picture is being painted atm.
 
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Last
$2.06
Change
0.070(3.52%)
Mkt cap ! $2.379B
Open High Low Value Volume
$2.05 $2.08 $2.03 $10.30M 5.005M

Buyers (Bids)

No. Vol. Price($)
7 127276 $2.05
 

Sellers (Offers)

Price($) Vol. No.
$2.06 113705 5
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
RMS (ASX) Chart
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