Today we saw a record volume of shares being traded and it looked like there was a large seller in the market.
Crazy to see us going down to nearly 10% today , especially after two great announcements with the high grade drilling results in Mali and the resource increase in Australia.
The fundamentals of this company have not been in play today, and we still need the added value of the last announcements materialise in the share price.
In my opinion RSG is cheap and I expect bargain hunters making a move the next few days and push us back to the 70 cts level.
End of year tax selling should be behind us soon and a healthy re-rating should be on the cards.
If only the gold price keeps trending up then RSG will have to follow.
jojo
Today we saw a record volume of shares being traded and it...
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.107B | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 52.5¢ | 51.5¢ | $2.700M | 5.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 172817 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 163214 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RSG (ASX) Chart |