looks increasing cheap on valuation in the low 70s.
I sold my RSGO in the high 20s and bought RSG in the high 60s a few weeks ago and I managed to sell my RSG exactly mid 80s.
I still consider RSG to be cheap relative to all other gold stocks and low 70s or in the high 60s it may be worthwhile having a go.
As always, patience is the game.
HAving said all that, just my thoughts really, the 4th quarter report could be out soon, and this would dectate how far the stock can trade from current prices.
Arhidas
Resolute not rising, page-2
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Last
52.0¢ |
Change
-0.015(2.80%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 54.0¢ | 51.5¢ | $6.741M | 12.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 512587 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 306137 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
51.8¢ |
Change
-0.015 ( 4.27 %) |
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| Open | High | Low | Volume | ||
| 51.5¢ | 54.0¢ | 51.5¢ | 6111713 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| RSG (ASX) Chart |