Not that management's done a bad job over the years, but using the rear view mirror on RSG at this point will not serve you well! You're missing what's right in front of you. This company is being developed/set up for massive upside when the projects start to deliver and in addition they've been out there making a number of early investments while sentiment in the sector is still down.... exactly the sort of things I'm looking for in a company that will have a real joyride once the gold bull starts picking up pace.
Also, I much rather prefer management "holding the can out" at $2 than around $1! A capital raise for the kind of investments they've been making is perfectly normal and doing it when sentiment in the gold market was better, to me personally as a long term holder, was just good business and less dilution for shareholders.
But here's the really good news for you..., you don't have to participate, there will be some good spots available on the sidelines as well.
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Last
67.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.426B |
Open | High | Low | Value | Volume |
70.0¢ | 70.0¢ | 66.0¢ | $11.49M | 16.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 230898 | 66.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.0¢ | 81462 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.665 |
5 | 299485 | 0.660 |
1 | 20000 | 0.655 |
12 | 87101 | 0.650 |
1 | 500000 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.680 | 13200 | 1 |
0.690 | 192500 | 6 |
0.695 | 4316 | 1 |
0.700 | 45040 | 4 |
0.705 | 83000 | 2 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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RSG (ASX) Chart |
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Zac Komur, MD & CEO
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