RSG 5.76% 73.5¢ resolute mining limited

Has anyone checked the numbers?Marked to market, the hedges are...

  1. 3,362 Posts.
    lightbulb Created with Sketch. 141
    Has anyone checked the numbers?
    Marked to market, the hedges are out of the money by closer to $80m, aren't they? Why the need for only $40m?
    Most of the money raised ($25m) is early exercise of existing options, so minimal dilution. I love it.

    SP, not 'tens of millions' of dollars but 'hundreds of millions of dollars' transferred from shareholders to bankers. If memory serves correctly, RSG had 1m oz hedged 10 yrs ago. Thanks goodness for the new accounting rules...

    But that's ancient history now, all behind us, onwards and upwards from here pending continuation of last month's much improved production result at Syama.

    Rowingboat
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
73.5¢
Change
0.040(5.76%)
Mkt cap ! $1.564B
Open High Low Value Volume
72.0¢ 73.5¢ 70.5¢ $11.81M 16.34M

Buyers (Bids)

No. Vol. Price($)
3 143270 72.5¢
 

Sellers (Offers)

Price($) Vol. No.
73.5¢ 489207 13
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.