Cap raising is justified and needed- it was never dismissed, only on hotcopper. Only 6.4% discount to current share price indicating that current share price is still undervalued. Short term pain for long term gain, i suspect the SP will decline but due to overreaction. RSG has always been a trading stock and will continue to be until it holds above the $2 mark. Look for $1.08 support.
And i hope everyone apologises to Colinchi. I rarely comment on hotcopper- but its a great tool to see both sides of the story. Companies are never black and white.
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Last
67.5¢ |
Change
-0.010(1.46%) |
Mkt cap ! $1.437B |
Open | High | Low | Value | Volume |
66.0¢ | 67.5¢ | 64.8¢ | $10.88M | 16.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 36098 | 67.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.5¢ | 377203 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 36098 | 0.670 |
1 | 36098 | 0.665 |
1 | 36098 | 0.660 |
6 | 94944 | 0.655 |
3 | 38636 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.680 | 184458 | 6 |
0.685 | 215588 | 4 |
0.690 | 544768 | 6 |
0.695 | 191598 | 5 |
0.700 | 292355 | 11 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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RSG (ASX) Chart |
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