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
I always liked the fact that historically RMS did not always...
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |