RDM is a stock trading at the bottom of its channel and is a massive BUY. The fundamentals of this stock have only improved over the last 12 months. It will take a while for this to translate to price. It is exceptionally cheap given the quality of management and the drill programs coming up. You will understand these stocks are cyclical and short term sentiment can fluctuate. I cannot control people who just simply jump on / off the bandwagon and follow the hot money. You may actually make money from this. It is only one piece of a puzzle.
EML I would ask you these questions
What caused all the selling?
Has the selling stopped?
Why would you buy it now?
What is so compelling?
Can you rely on the assumptions you are making your decision on?
RDM is a stock trading at the bottom of its channel and is a...
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Last
66.5¢ |
Change
0.005(0.76%) |
Mkt cap ! $252.1M | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 67.5¢ | 65.0¢ | $471.7K | 711.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9868 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 15915 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| EML (ASX) Chart |
