RPM 0.00% 6.4¢ rpm automotive group limited

Totally bizarre discussion which this post summed it all up, and...

  1. 2,305 Posts.
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    Totally bizarre discussion which this post summed it all up, and answered my question - is this "company oversold" , but solid and investable?
    Nope, it's another example of profitless prosperity, an investment mirage - a child's view of RPM's chart shows its "flat lining".
    A basic trading strategy would see a "stop loss" at 30c, then 20c, and for those brave soul still SH's, 10c .... now, "investors" are bottom feeders.
    Good luck with that - this is NOT a tech stock, does NOT appear to have significant advantages in a fiercely contested market, hence doesn't have a moat, and has lots of debt .... so why be here ???
    My sentiment (if it was an available choice) would be "AVOID".
    https://hotcopper.com.au/data/attachments/6110/6110352-566a8835bbe26cf1c772599e84746c46.jpg



 
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Mkt cap ! $15.68M
Open High Low Value Volume
6.3¢ 6.4¢ 6.3¢ $4.314K 67.40K

Buyers (Bids)

No. Vol. Price($)
1 179906 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 299906 2
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Last trade - 15.41pm 07/06/2024 (20 minute delay) ?
RPM (ASX) Chart
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