Gold price seems to have stablized abit, was a horrible night. But this is just a normal market cycle being exploited by shorters. RSG has a good balance sheet and will be able to weather the storm. This possibly might even prompt RSG management to tighten their belts for the future. FMG was seen to do this when ore prices crashed to sub S100.
Unless gold price is low for a prolonged period of time it wont effect the core fundamental of the company. Wait a see
Gold price seems to have stablized abit, was a horrible night....
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Last
63.5¢ |
Change
-0.005(0.78%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 65.0¢ | 63.0¢ | $3.704M | 5.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20000 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 50395 | 2 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |