Yes agree. Its probably worth clarifying the cash position as at 31st December. Its $38.7M is cash and $39.5M in bullion for $78.2M AUD. For context that's 10.3 cents per share.
The point of difference on Friday trading on top of the major shareholder selling a few shares is the shorts hits the stock really hard. Firstly, the short positions has increased to 5.99% to 4th Feb. However on Friday shorting activity spiked. The algorithm saw weakness and took full advantage.
https://www.shortman.com.au/stock?q=RSG
Yes agree. Its probably worth clarifying the cash position as...
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 (20min delay)
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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
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |
