If the current break-up value of RSG is $3.00 + then the current management would appear to have done a good job in rehabilitating this stock post the Bulong disaster.
The MD's comments in the West Australian also show he is on the ball and open to all offers. His only question is whether you will get a better offer when Syama is up and running. Of course we all know if Andrew Forrest was the MD there would be no discount for the fact Syama is 18 months away and they would be trading now at $4.00 +.
The question is are the current mngmt good at spruiking the share price. The answer is (unlike Twiggy) they don't need to because they have enough capital to fund the Syama development after selling their uranium assets.
major insto shareholder agitating for change, page-7
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Last
62.8¢ |
Change
0.018(2.87%) |
Mkt cap ! $1.335B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 65.0¢ | 62.5¢ | $2.263M | 3.549M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 231686 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 163907 | 25 |
View Market Depth
| Last trade - 14.11pm 29/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |