RSG 3.57% 43.5¢ resolute mining limited

Why buy?, page-2

  1. 3,354 Posts.
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    Please read my previous posts on rsg. They have proven to be extremely accurate. Firstly read the front page of the rsg website. I think its over 10 mines and over 20 years experience. Secondly read the current financial reports. Record production and good gold prices for that period and still running at a loss with huge debt. Rsg is a fantastic stock to trade but a long term hold for me is 6 hours and 9 minutes as you never know what surprise announcement is coming which happened again this week. Rsg in my opinion is simply a trading stock for sophisticated investors and they have run out in Australia and had to become dual listed on the London stock exchange to tap into a new pool of investors. I am surprised there has not been a revised production estimate for the current quarter with the current circumstances but obviously the company does not feel it will effect production for this quarter. I lost interest in posting as im busy trading dow and oil futures but follow rsg because with its production and assets it deserves to be a $3 or $4 stock but the smart money is not following it at this stage.
 
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Last
43.5¢
Change
0.015(3.57%)
Mkt cap ! $926.1M
Open High Low Value Volume
43.5¢ 44.5¢ 42.8¢ $3.283M 7.521M

Buyers (Bids)

No. Vol. Price($)
5 215689 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 71877 18
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
43.5¢
  Change
0.015 ( 3.57 %)
Open High Low Volume
43.5¢ 44.5¢ 43.0¢ 2775800
Last updated 15.59pm 02/05/2024 ?
RSG (ASX) Chart
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