I always liked the fact that historically RMS did not always behave in share price fluctuations purely on the basis of the gold price - like some of its larger peers. I have owned RMS from 15c purely as a hedge against inflation and used other gold stocks for a growth profile. Quite often you would see RMS hold ground in SP when others fell significantly in gold market down days.
Sold some above 50c along the way so now a very enjoyable free carry. However with its move into ASX 300 territory and the accompanying SP re-rate and different sets of eyes and minds investing in this stock I wonder whether it will now bob around like NST RRL NCM and others as purely a gold price play ?
Keen to know what other esteemed holders think ?
Cheers
G
Where's The Pullback, page-201
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Last
$2.10 |
Change
-0.045(2.10%) |
Mkt cap ! $2.416B | |||
| Open | High | Low | Value | Volume |
| $2.13 | $2.15 | $2.10 | $557.0K | 262.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 35217 | $2.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.10 | 9757 | 15 |
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| Last trade - 11.12am 07/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |