Gold price is falling in USD but is actually doing ok in AUD because of weakness in AUD.
One would think that this benefits companies with aussie assets more than ones with overseas assets. I suppose RSG has a bit of both. Based on us gold price weakness I decided to sell 25 per cent of my holding at 1.36 yesterday, not because i dont believe in the fundermentals but because i saw an opportunity to sell a few at a tidy profit ( my avg was 1.14 with my cheapest purchase at 95.5). But the plan is to buy back what i sold at a better price, so will be watching pog and the sp and will buy back on any dip if it coincides with a stabilization of the pog.
Christopher
RSG Take Over, page-21
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Last
68.5¢ |
Change
0.005(0.74%) |
Mkt cap ! $1.458B | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 68.5¢ | 66.3¢ | $3.956M | 5.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4001 | 67.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 169097 | 4 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |