RSG 10.5% 42.0¢ resolute mining limited

Ann: Appendix 4E Preliminary Final Report, page-8

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  1. 4,804 Posts.
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    Wow. What a day. I thought when the report was released and the big end of town read it, it may have provided support to the share price. This was obviously not the case as it closed at near the days low. I'm quite amazed there was not a prior announcement yesterday regarding the 50 million dollar tax bill, as this I would have assumed was a price sensitive announcement. Will be interesting to see what 200 million shares next week hitting the market will have on the share price.i feel the biggest problem with RSG is the lack of confidence in the company. Announcements create more questions than they give answers. Why on earth can they not make money. Production reasonable, gold price is good. Is a great stock to trade at present as it has high volatility, decent volumes and an unstable world market. Will be interesting to see what announcements the company has up there sleeve for the sophisticated investors to unload their 200 million shares
 
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Last
42.0¢
Change
0.040(10.5%)
Mkt cap ! $894.2M
Open High Low Value Volume
39.0¢ 44.5¢ 39.0¢ $26.77M 63.36M

Buyers (Bids)

No. Vol. Price($)
2 30000 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 512051 6
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
RSG (ASX) Chart
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