I've just assumed it's to do with the POG rising steadily again.
The options have done particularly well this week after sitting around 40 cents for a fair while.
Consensus forecasts are for 21cps in 2011, which puts RSG on a forward P/E of around 5, as opposed to 10-15 for its peers. All looking good, so far.
R55
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Last
63.5¢ |
Change
0.030(4.96%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 64.0¢ | 63.0¢ | $5.754M | 9.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 243739 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 837177 | 22 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RSG (ASX) Chart |