re: phil cant believe state one stockbroking still If the gold price retreat by 9% or whatever, blows away the company's profitability (eg it had a 9% profit marginon current prices), well a 25% fall in share price is comparatively modest-it is what the gold price does to immediate profitability, not to the perceived value of the group based on an overall commodity movement.
Guess the Fogarties were never too smart at maths......
In RSG's case, it is currently a high cost producer and any movement in the gold price has significant leverage to both the upside and the downside.
Cheers,TAS
Cheers,TAS
- Forums
- ASX - By Stock
- RSG
- out
out, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RSG (ASX) to my watchlist
(20min delay)
|
|||||
Last
77.5¢ |
Change
0.015(1.97%) |
Mkt cap ! $1.650B |
Open | High | Low | Value | Volume |
77.0¢ | 77.5¢ | 74.3¢ | $11.82M | 15.50M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36910 | 76.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.5¢ | 416947 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36910 | 0.765 |
2 | 45588 | 0.760 |
4 | 76187 | 0.755 |
8 | 142477 | 0.750 |
6 | 219164 | 0.745 |
Price($) | Vol. | No. |
---|---|---|
0.775 | 416947 | 3 |
0.780 | 694859 | 18 |
0.785 | 439433 | 7 |
0.790 | 438615 | 12 |
0.795 | 693337 | 7 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
RSG (ASX) Chart |