Plenty of buyers at the $1.90 level, probably because there are fundies that have not finished filing up their stockings following RSG's inclusion in the ASX200 and GDX.
On the downside there would be a huge proportion of shares bought much lower so their shareholders may want to lock in profits in case the trend stays down.
Those with a long term perspective should do OK here so long as RSG meets its targets, but I have no idea how long it would take for RSG to get back to its recent highs - could be a few weeks or could be 12 + months. They have the cash to fund their mine developments, so that is a huge positive and reduces uncertainty and risk.
loki
News: RSG Resolute Mining to raise A$150 mln, page-40
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Last
65.0¢ |
Change
0.025(4.00%) |
Mkt cap ! $1.383B | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 66.0¢ | 63.0¢ | $6.505M | 10.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15111 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 185677 | 8 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |