Unfortunately we need someone to absorb atleast half of VE's remaining 106m shares.
It all comes down to supply and demand. At the moment there is a plethora of supply provided mainly by VE.
SADLY Postive announcements, a solid $A POG and a host of roadshow presentations describing RSG as undervalued have done absolutely nothing to help the demand for its shares and improve the share price.
Meanwhile the company sits on $300+ million in cash, NO DEBT and significant reserves.
Look to accumulate as we head into the eye of the storm (The june rebalance)
Breakout, page-97
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Last
66.3¢ |
Change
-0.003(0.38%) |
Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 67.3¢ | 65.5¢ | $1.518M | 2.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 197369 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 348699 | 27 |
View Market Depth
| Last trade - 13.32pm 18/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |