I think its some larger holder selling down/out. We do not if that is because they have some special insight about RSG's quarterly report, concerns about the POG, or need to raise cash for other reasons.
Pretty much almost all of the goldies that ran earlier this morning have retraced all or most of their gains, and some are negative for the day. That sometimes happens if the sharemarket has several days of puking, and it could be in store for more pain, even if the POG is holding up.
It could be a while before RSG makes a move up like some others have done in the last few days - we need some good news which may only be forthcoming in the quarterly report to be released in about 2 weeks.
loki
Analyst View, page-23
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 51.5¢ | $2.700M | 5.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 172817 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 163214 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RSG (ASX) Chart |