I am sad owner of RSG from last several years. Seen my investment eroding totally. Mountain size ego and bad decisions of ex CEO/MD JW destroyed RSG totally.
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With current rate of revenue, it will take RSG 20 years to pay Debt only but problem is In 10 years RSG resource will be zero.
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Currently RSG is on lifeline from banks, they day banks pull the plug, end of story. Do major capital raising to survive or liquidate the assets.
Mining asset often get sold at dirth cheap price.
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Only hope for RSG is takeover offer.
Ann: Bibiani Mining Lease Restored, page-96
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Last
43.0¢ |
Change
-0.015(3.37%) |
Mkt cap ! $915.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.3¢ | 42.3¢ | $8.553M | 19.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 300246 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 50870 | 3 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |