My logic is simple
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As far as RSG is concerned, since last year Gold Price is up by 25% to 30% and RSG Production will be up by 25% and Cost will be down by at least 10%. That will boost balance sheet enormously and put company into good profit.
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All this makes RSG exceptionally lucrative stock at current prices.
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RSG now reminds me of Santos when it was trading 2.50 to 2.70 range just two years back and all dooms dayers were busy telling how bad is Santos.
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Since then Santos gone as high as $9/Share ( 350% gain )
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Have patience and reward will follow. If I have money, I will add RSG now as much as I can.
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Is RSG Over Sold ?, page-113
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Last
70.3¢ |
Change
0.018(2.55%) |
Mkt cap ! $1.485B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.5¢ | 69.5¢ | $744.3K | 1.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 189659 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 169386 | 16 |
View Market Depth
| Last trade - 11.11am 10/10/2024 (20 minute delay) ? |
| RSG (ASX) Chart |