Save some money as there will be plenty available in the early 40s after the quarterly released. Management has already said the costs are rising and production fallen and last quarter was a substantial loss so this quarterly will be a shocker. Oh another slight problem no cash and debt higher than market cap and interest rates will rise and dollar falling. The only perfect squeeze will be RSG. The only positive out of the quarterly will be how great the safety record was this quarter so they get there performance rights and an impeccable covid safe work environment.
The number 1 fundamental which will crucify RSG is the PLANNED ROASTER SHUTDOWN. Dont worry about the shorts as I dont think any of you understand them. They need to be closed to lock in profit. There is no fundamental for them not to reopen there short positions
Short Squeeze?, page-228
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Last
60.5¢ |
Change
0.020(3.42%) |
Mkt cap ! $1.250B | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 60.5¢ | 57.5¢ | $4.257M | 7.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 563386 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 70975 | 14 |
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| Last trade - 13.37pm 05/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |