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 )
..
Have patience and reward will follow. If I have money, I will add RSG now as much as I can.
..
..
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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($) | Vol. | No. |
---|---|---|
67.0¢ | 157479 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12121 | 0.660 |
1 | 100000 | 0.655 |
2 | 48663 | 0.650 |
1 | 40663 | 0.645 |
5 | 454764 | 0.640 |
Price($) | Vol. | No. |
---|---|---|
0.670 | 37181 | 1 |
0.675 | 186622 | 8 |
0.680 | 105503 | 8 |
0.685 | 108053 | 3 |
0.690 | 607435 | 9 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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RSG (ASX) Chart |