RSG

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70.5¢ resolute mining limited

Gold shorts this morning..?, page-13

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Cherrybar12

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21/03/19

20:45

Post #: 37844951
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Originally posted by eshmun: ↑

More stupid negative thread titles. We had been discussing the shorters on the other thread, why put more garbage thread titles out there, haven't there been enough already.

Highest level of shorting we have seen on RSG in recent times but share price is going up off the back of it.

As I said on the other thread 94.5 to 94.5% of RSG's share register is long and holding and why wouldn't you be as Syama has the potential to be one of the best individual gold mines on ASX.

The other 5.5% to 6.5% of owners of the stock have rented out their shares to people whose expectations are that the share price will fall and have sold those share into the market and are waiting for their expectatations to come true. As mentioned the owners of the shorted stock clearly have expectations that the stock price will decline far less than the shorters do, or else they would be selling their stock instead of making a losing bet on the rental income they have received or are due to receive. These stock owners clearly have "longer"/better expectations for the share price going forward than the shorters and are lending the stock to make money while their horse comes in. They only have to see a smaller decline in price than the shorters expect to beat them. If the share price actually rises instead as it is doing now they laugh all the way ro the bank. You see short sellers don't own any share of the company, they own a bet on the future by virtue of the borrowed shares they sold. I put my money behind the 94.5% to 94.5% who are long and holding and the other 5.5% to 6.5% of the share register who are trying to beat the shorters at their own game. Esh

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Chill Esh, jeez I have 100k+ invested in RSG. Having said that, my apologies for hijacking the thread, I'll pose my general trading questions elsewhere.

RSG Price at posting: $1.22 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 70.5¢		Change -0.005(0.70%)		Mkt cap ! $1.500B

Open	High	Low	Value	Volume
70.0¢	71.0¢	69.0¢	$9.005M	12.87M

Buyers (Bids)

No.	Vol.	Price($)
2	151500	70.0¢

Sellers (Offers)

Price($)	Vol.	No.
70.5¢	99995	1

View Market Depth

No.	Vol.	Price($)
1	144000	0.700
1	5500	0.695
13	315905	0.690
9	230611	0.685
18	304195	0.680

Price($)	Vol.	No.
0.710	50000	1
0.715	111762	4
0.720	198762	3
0.725	58223	2
0.730	97294	3

Last trade - 16.10pm 04/10/2024 (20 minute delay)

RSG (ASX) Chart

Gold shorts this morning..?, page-13

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Gold shorts this morning..?, page-13

Top Stories

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News