Correct
Resource stocks are so oversold it's not funny
You have majors still making money in the worst resource market in years, trading on PE's of 1-5, some under cash backing etc, whilst tech/food businesses with next to no cash are trading on PE's of 40-80 and rallying daily
Smells of capitulation to me. Oil, coal, I/O and gold all at multi year lows
Some punters are going to catch the bottom and make a motza
$2.38 Target, page-10
Add RTG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.7¢ |
Change
-0.003(7.50%) |
Mkt cap ! $40.14M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.7¢ | $5.882K | 153.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 19961 | 1 |
View Market Depth
| Last trade - 14.38pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
3.7¢ |
Change
-0.003 ( 7.50 %) |
||||
| Open | High | Low | Volume | ||
| 4.0¢ | 4.0¢ | 3.7¢ | 38900 | ||
| Last updated 13.36pm 14/06/2024 ? | |||||
| RTG (ASX) Chart |