RSG 6.40% 40.3¢ resolute mining limited

Ann: Becoming a substantial holder , page-10

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  1. 9,509 Posts.
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    Hi practisingac.

    I just see that the short sales increased yesterday from 0.07% to 0.15%. BOA is certainly the culprit here imho.

    But they have been before in and out of RSG in the past, so nothing new really.

    The strong gold price and the tremendous amount of Cash this company is making should be able to burn the shorts.

    Also the fact that we have more big players in this company combined with a high daily turnover, makes it only more difficult for shorters to make their quick dollar.

    And we still have a buy back in place that can be triggered anytime if the shares fall to low.


    This gold miner is certainly a hold imho as there is plenty of upside against very little downside from here imho.

    It will only take a few good announcements and we could have the $2 mark far behind us.



    good luck to all

    jojo


 
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Last
40.3¢
Change
-0.028(6.40%)
Mkt cap ! $856.9M
Open High Low Value Volume
43.0¢ 44.0¢ 39.5¢ $11.20M 27.18M

Buyers (Bids)

No. Vol. Price($)
1 100000 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 22500 3
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Last trade - 14.35pm 14/11/2024 (20 minute delay) ?
RSG (ASX) Chart
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