Rsg is a full blown takeover target right now imo. Gold up. Sentiment down. Future potential growth from assets aplenty but may require further investment through equity or debt which the market is pricing in.
horrible news flow which has depressed the price to imo bargain levels.
most of the expenditure done already...if you believe management.
I think there is a suitor for the whole shebang reading between the lines.
see how this plays out...
Ann: Strategic Review of Bibiani Gold Mine, page-8
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Last
66.5¢ |
Change
0.005(0.76%) |
Mkt cap ! $1.415B | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 67.5¢ | 65.5¢ | $5.043M | 7.554M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85966 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 157479 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |