Unbelievable ride if you have held RMS since pre 2006 because the the share price is now back to those levels. In the last 6 years they have had a producing gold mine, bought a previously worked mine in Mt Magnet which is producing again, have several other promising tenements and are debt free with $50m or so in the bank. So why the tanking share price?
Very disappointing unless you have been day trading this sucker. Not sure whether to hold and see if they(TPTB) let gold run after the US election because the capping is so obvious at the moment that the hedgies can sell off the gold miners knowing their sp will not be influenced by a rising gold price.
For those who believe the gold price is being manipulated the scary part is that they can do it so easily and blatantly - so how can anyone believe in free markets or capitalism.
End of rant.
Unbelievable ride if you have held RMS since pre 2006 because...
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Last
$1.85 |
Change
-0.005(0.27%) |
Mkt cap ! $2.117B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.87 | $1.82 | $4.170M | 2.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2644 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 8916 | 2 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |