This board is totally out of touch! Their hedging is out and out stupidity! RSG has so much potential but whilst you have a board that continually hedges it will under perform. Show me a gold hedger that is not ruing the day they hedged! Lihir has bitten the bullet as will Newcrest if it wants to remain solvent!
I do not hold RSG and would not contemplate such until such time their hedging stradegy is addressed. Some new blood on the board may just be what RSG need and a new CEO!
Cheers,
PhillW
time for a board shakeup, page-6
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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 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RSG (ASX) Chart |