I find the recent and historical performance of the share price of RSG close to a joke and just wonder what kind of forces are playing with it. We had a few days ago two great announcements and did it add to the fundamentals of the share price ?
The answer is NO.
So what is happening here? Is it just the constant churning of shares to keep pushing the share price down and up again like a rinse , repeat and rinse again situation here? And hereby making constantly scooping the cream of the coffee and making a living or is there more to it then the eye sees?
RSG is dirt cheap having a bout 8 million oz plus in gold reserves and a valuation half the amount of PIR.
Why is this? Is RSG being primed for a cheap take-over target is that the reason for the reason why the share price keeps constantly being pushed down?
I have a few clues but the thing what I do know for sure that RSG is cheap and that this will not stay forever this way.
jojo
I find the recent and historical performance of the share price...
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Last
63.0¢ |
Change
-0.015(2.33%) |
Mkt cap ! $1.341B | |||
| Open | High | Low | Value | Volume |
| 63.5¢ | 65.0¢ | 63.0¢ | $4.336M | 6.808M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13146 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.5¢ | 33332 | 5 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |