rsg's lack of share price rise is because of the currency and low margin - not because of mid african exposure
though i agree there's always going to be a discount just because they dont have execs constantly in country marketing and spreading the good oil to local investors
but as for danger - aussie gold investors went nanas for stocks like lihir when png was the most dangerous country on the planet
its profit - not location - thats the item the market wants here
as we've said on this forum many times - need USD gold price to rise for rsg to get bid
as you saw late last year - when it does rsg looks seriously goodtt
rsg's lack of share price rise is because of the currency and...
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Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $947.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 42.0¢ | $18.29M | 41.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 181256 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 78367 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |