Cap raising is justified and needed- it was never dismissed, only on hotcopper. Only 6.4% discount to current share price indicating that current share price is still undervalued. Short term pain for long term gain, i suspect the SP will decline but due to overreaction. RSG has always been a trading stock and will continue to be until it holds above the $2 mark. Look for $1.08 support.
And i hope everyone apologises to Colinchi. I rarely comment on hotcopper- but its a great tool to see both sides of the story. Companies are never black and white.
Cap raising is justified and needed- it was never dismissed,...
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Last
67.5¢ |
Change
-0.010(1.46%) |
Mkt cap ! $1.437B | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 67.5¢ | 64.8¢ | $10.88M | 16.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36098 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 377203 | 5 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |