RSG 2.84% 68.5¢ resolute mining limited

RSG unloved, that's why I am enamoured, page-14

  1. 4,526 Posts.
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    I would say before debt repayment the PE would be about 3.
    After debt repayment I suspect a PE ratio of around 4-5 at the current market cap.

    There appears to be one large seller & its being hidden in multiple orders.
    The reason why I think this is the case as there maybe 30 sellers for 200k shares at 38.5c & then all of a sudden 100k or 150k of shares gets put through at 38c reducing the offer by the same amount.
    However overall the SP has stood up very well considering & there seems to be a bit of a battle going on between buyers & sellers at the 38c mark.
    Good sign of a bottom hopefully. Obviously subject to what the POG does.

    Yep I have a target of 70c+ if gold does what I think it will in the next month or so.
 
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Last
68.5¢
Change
-0.020(2.84%)
Mkt cap ! $1.458B
Open High Low Value Volume
69.0¢ 69.0¢ 66.5¢ $9.084M 13.38M

Buyers (Bids)

No. Vol. Price($)
1 260376 68.0¢
 

Sellers (Offers)

Price($) Vol. No.
68.5¢ 83231 1
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Last trade - 16.10pm 07/10/2024 (20 minute delay) ?
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