RSG are definitely oversold, especially when compared to the other Oz producers. Looks like their long term future in Australia and West Africa is now secured. As per previous post, they are being given a double whack for holding bullion, which a lot fund and investment managers don't like. I'm betting on gold moving up again and RSG going up exponentially once again. So have bought more at 1.26 today which averages my portfolio at 1.32 following my 27/2 sellout at 1.82. Crazy, gold down only $25, no negative news and they lose 30% - go figure! Will now sit back and wait for the turn.
News: RSG Resolute Mining receives approval for Ravenswood Expansion Project, page-15
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Last
63.3¢ |
Change
0.023(3.69%) |
Mkt cap ! $1.362B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 64.5¢ | 62.5¢ | $6.365M | 9.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22838 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 51260 | 2 |
View Market Depth
| Last trade - 15.59pm 13/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |