What I see are relative over valuations and undervaluations. I don't like buying companies I consider over valued, that's why I am here at RSG lying in wait. It doesn't bother me if I have to wait another year, I've been waiting for over a year already. My investment here is for a decade not a few days or weeks. Once the company gets over the hump it will quitely be mining its resrves for the next 14 years at Syama, meanwhile those other companies will be scrounging around to keep their reserves and stories alive. The others will be the roller coaster rides of the future IMO and RSG will be the bullet train. That's just what the fundamentals are saying for me if RSG can meet their targets. Meanwhile long term holders just have to put up with the vagrancies of the market. I don't see what your morbid interest here is. If you want to buy the high flyers then go right ahead, if you want to sit and hold, you can do that as well. I'd say given your trading style you might be better waiting for a real share price trend to emerge. Problem however is that the market has been able to beat down emerging trends on this stock on several occasions and beat them down savagely so picking the real upswing won't be that easy. That's why keeping an eye on both the fundamentals and the chart are important as the fundmemtals will help confirm the real rising breakaway trend. If you have followed my fundemantal analysis comments, you'll know we are not there yet, so its monitor progress over the next two quarters. I've got my personal targets I'm looking out for. Esh
- Forums
- ASX - By Stock
- RSG
- Something Fishy Here!
Something Fishy Here!, page-88
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RSG (ASX) to my watchlist
(20min delay)
|
|||||
Last
40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.543B |
Open | High | Low | Value | Volume |
42.5¢ | 43.0¢ | 40.3¢ | $13.76M | 33.48M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 923356 | 40.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.0¢ | 579726 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 1.245 |
14 | 458433 | 1.240 |
12 | 312067 | 1.235 |
6 | 139692 | 1.230 |
6 | 131961 | 1.225 |
Price($) | Vol. | No. |
---|---|---|
1.250 | 371388 | 17 |
1.255 | 220916 | 10 |
1.260 | 134993 | 10 |
1.265 | 104166 | 6 |
1.270 | 38032 | 5 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
Featured News
RSG (ASX) Chart |