There you have it. The article in AFR said it, Macquarie, Huntley and many others are saying the same thing..its got great potential as the key industry drivers are still intact regardless of the fact that market sentiment and something to do with CFDs have meant that the share is more liquid therefore placing downward pressure in the past week.
There aren't many other value buys out there that could potentially give a lift which RMD can in the next 6-9 months. The BHPs, RIOs, Banks could go up further but not much more...perhaps another 10% ??
Get into RMD..do some research..look at the charts..look at the research from Huntley.I believe its got excellent potential at this sorts of oversold price levels.
RMD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held