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6.4¢ rpm automotive group limited

Agreed, too many red flags to count.

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LD99

6,918 Posts.

1344

18/04/24

12:29

Post #: 73405869
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Originally posted by MIStragic: ↑

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".

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Agreed, too many red flags to count.

RPM Price at posting: 7.2¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 6.4¢		Change 0.000(0.00%)		Mkt cap ! $15.68M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	40000	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	8837	2

View Market Depth

No.	Vol.	Price($)
1	180000	0.063
1	40000	0.062
1	409836	0.061
2	36666	0.060
3	372881	0.059

Price($)	Vol.	No.
0.064	8837	2
0.065	311677	4
0.068	36000	2
0.069	1800	1
0.070	106230	1

Last trade - 16.12pm 06/06/2024 (20 minute delay)

RPM (ASX) Chart

Day chart unavailable