My arguement is that they were 95 cents at their lowest before Mako. and Syama underground not yet in production. So I would argue with Mako acquired Syama producing closer to expectations and Ravenswood sold with some dilution along the way that the share price at its worst should be say 15 to 20 % higher than 95 cents which puts it in the 1.08 to 1.14 range. So with prices at their current price I see it as a buying opportunity, and then if one chooses to support the spp they can as well as the price is still within the buying range.
Christopher
RSG Target Price - $1.60/Share, page-60
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Last
60.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.288B | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 60.8¢ | 59.3¢ | $1.211M | 2.013M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 252997 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 51928 | 9 |
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| Last trade - 10.41am 07/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |