Don't be deceived by poor investors blaming short selling.
Shorts in the main are used by funds and banks.
They are used as a way of offsetting long positions..
usually they just make increments on stock movements either way..
It is actually holders selling that pushes the share price down
If a black swan event happens then funds will usually push it much further than logical
Something like RSG going to over $2...or heading down to 63 cents
and didn't last long but that allowed the funds to even out their position.
Anyone following RSG for some time should know it was a bad investment
Especially when compared to other goldies.
This quarter will hopefully be the best for some time
but there will be plenty to study when it comes out...
The main points will be how good is the sulphide production
and where the oxide production is at.
I expect that better grade ore will be milled through the oxide
but it wont last more the next quarter..
Cheers
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Last
63.0¢ |
Change
-0.005(0.79%) |
Mkt cap ! $1.341B |
Open | High | Low | Value | Volume |
63.5¢ | 64.5¢ | 62.0¢ | $4.144M | 6.559M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 306022 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.0¢ | 35330 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 257926 | 0.620 |
3 | 39841 | 0.615 |
3 | 51860 | 0.610 |
4 | 41715 | 0.605 |
5 | 271563 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.630 | 3819 | 1 |
0.640 | 306000 | 4 |
0.645 | 180867 | 3 |
0.650 | 401352 | 8 |
0.655 | 146061 | 5 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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