You are probably right Colinchi, since RSG still falling like a stone.
My take is: the bad timing and price of the hedging announcement just showed how stupid the management is, POG rose above $1570 minutes before they proudly announced that $1553 hedging.
I am also interested to know if you have anything solid to support your call "something RSG won't have...", do you have any numbers or evidence to say that?
Ann: Syama Roaster Fully Operational, page-82
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Last
70.5¢ |
Change
-0.005(0.70%) |
Mkt cap ! $1.500B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 69.0¢ | $9.005M | 12.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 151500 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 99995 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| RSG (ASX) Chart |