With RSG the bad news always comes out at the close of the ASX business day.
At least the traders on the LSX can take advantage of this announcement.
I suspect that RSG was using COVID19 as a cover for getting rid of some excess staff and the locals will not accept this. RSG's massive admin costs at Syama have not been making any sense over the last 18 or so months, and they were probably trying to reduce the feather bedding.
I expect JW to cave in and just hand over money for lots of people that basically do nothing until the day the mine finally closes. JW stupidly trumpeted the Nafolo (which means treasure in the local lingo) deposit, and ever since the admin costs have skyrocketed. The locals were always going to get hold of some of that local "treasure", any way they could.
loki
- Forums
- ASX - By Stock
- RSG
- Ann: Syama Update
Ann: Syama Update, page-6
-
- There are more pages in this discussion • 167 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RSG (ASX) to my watchlist
(20min delay)
|
|||||
Last
84.0¢ |
Change
-0.005(0.59%) |
Mkt cap ! $1.788B |
Open | High | Low | Value | Volume |
83.5¢ | 84.5¢ | 83.0¢ | $14.71M | 17.53M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 225054 | 83.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 225054 | 0.835 |
6 | 134343 | 0.830 |
3 | 102483 | 0.825 |
4 | 280393 | 0.820 |
4 | 258872 | 0.815 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 560 | 1 |
0.845 | 217339 | 9 |
0.850 | 857332 | 34 |
0.855 | 345698 | 7 |
0.860 | 1492733 | 12 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
RSG (ASX) Chart |