It's not a big deal I suppose since gold is $1900 but I am concerned by the rise in AISC. We know from other producers that energy and other inflation are starting to really affect margins in the commodity space.
I will be honest and state that I sold my holding yesterday to lock in a decent profit. I wasn't sure what may arise from this quarterly and (considering the almost 100% rise from the cap raise price) I thought the market may treat this as a "buy the rumour (and gold price), sell the fact" event. However I do like RSG in the current gold price environment and plan to buy back in pretty soon.
It's not a big deal I suppose since gold is $1900 but I am...
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Last
63.5¢ |
Change
0.030(4.96%) |
Mkt cap ! $1.288B | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 63.5¢ | 63.0¢ | $616.2K | 977.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 168973 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 28380 | 6 |
View Market Depth
| Last trade - 10.10am 12/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |