I sold out today sadly ... However I do believe RSG will be well over $2.00 in the med- long, but gold just keeps falling... RSG has a 40% margin lending ratio... I just don’t want to be on the wrong side if she turns short term... I still believe gold at this price is temporary, but honestly who knows with the manipulation of futures markets these days, I think RSG is going up on technicals at the moment... which seem to trump the fundamentals of commodity prices... I will be back in soon I hope... P.S they do have some good hedging, and plenty of margin with Debt facility, so she may just keep going up, so no alarm intended...
RSG Take Over, page-15
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Last
61.5¢ |
Change
0.035(6.03%) |
Mkt cap ! $1.298B | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.5¢ | 59.0¢ | $5.904M | 9.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 148752 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |