RSG 3.61% 43.0¢ resolute mining limited

"The release of slightly too much positive information has me a...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    "The release of slightly too much positive information has me a little concerned there may be a raising to cover a possible shortfall to get to steady production...."

    Now people are worrying about too much positive news. Pretty hard crowd to please.

    We were told the investec facility is expandable, so I can't see that this project won't get supported if it needs help getting over the line in the next 6 months, which I don't think it will. Investec are unlikely to drop the ball so close to completion IMO.

    In the announcement we have been told that

    "Managing Director and CEO, Mr John Welborn, confirmed the December quarter was a turning point for the Company: “

    You clearly don't have trust or faith in the stewardship of this company.

    I've personally found it best to sell if I don't trust or have lost trust in managment. Esh
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
0.015(3.61%)
Mkt cap ! $1.543B
Open High Low Value Volume
42.5¢ 44.5¢ 42.0¢ $8.906M 20.47M

Buyers (Bids)

No. Vol. Price($)
1 90297 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 40838 1
View Market Depth
Last trade - 15.59pm 29/11/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.