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
77.5¢ |
Change
0.015(1.97%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.5¢ | 74.3¢ | $11.82M | 15.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36910 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 416947 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |