I think this is a smart move and will create value for share holders.
Selling Ravenswood while valuations for goldmines are high and unlock the value for more lucrative ventures is a positive in my opinion.
The current share price does not reflect the true value of RSG by a long way as said be JW himself.
Resolute to sell Ravenswood, page-5
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Last
67.5¢ |
Change
-0.010(1.46%) |
Mkt cap ! $1.437B | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 67.5¢ | 64.8¢ | $10.88M | 16.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36098 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 377203 | 5 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |