I told you (as did many others that you were wrong), had become emotionally involved with the stock clouding you're sentiment and that would be proven in due course. It has been proven and yet here you are saying how "lucky" we all got.
So let's look at some of you're "points". Apparently RMS is soaring because of the gold price. Well RSG was $1.20 in Jan and is still at $1.20. RMS was 52c and is now 85c. If it's just the gold price then shouldn't all the producers be rising?
The AUD gold price is up 7% for the last 12 months. It's down 2% for the last month so why are we rising?
Yes VE is buying. I can guarantee you it's not just them though. They also would have had many willing sellers with plenty of EXU sellers dumping their stock. They're were some posters insistent on the EXU threads that RMS stock would not go up and should be dumped. Unfortunately I fear some bought into this hype and costs themselves some significant money. On the other hand hopefully some listened to the reasoned posts on RMS and continued to hold.
If you're talking about stocks and pe ratios while ignoring accounting adjustments and future developments then i'd encourage you to sell RSG. They lost $5m last half so they don't even have a p/e. Let me guess but, but the past doesn't necessarily determine the future right if the prospects are stellar?
Take this as a learning experience about having emotion cloud you're judgement.
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Last
$1.98 |
Change
0.030(1.54%) |
Mkt cap ! $2.514B |
Open | High | Low | Value | Volume |
$2.01 | $2.02 | $1.96 | $6.338M | 3.200M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 55455 | $1.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.99 | 32563 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.865 |
3 | 71945 | 0.860 |
3 | 105645 | 0.855 |
8 | 349115 | 0.850 |
4 | 149449 | 0.845 |
Price($) | Vol. | No. |
---|---|---|
0.875 | 160614 | 9 |
0.880 | 267895 | 10 |
0.885 | 101645 | 5 |
0.890 | 131357 | 7 |
0.895 | 70000 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
RMS (ASX) Chart |