RSG 4.82% 43.5¢ resolute mining limited

Guidance Missed, page-22

  1. 1,122 Posts.
    lightbulb Created with Sketch. 153

    Nothing really if we take into account the following:

    The rumours that Hany, the son of نجيب ساويريس is eyeing Resolute Mining Limited.

    The geopolitical tension that is used to sell off the DOW, but in fact, it is the usual way to apply pressure on the Fed prior to the interest rate decision next Wednesday .

    The Market is factoring in advance that there will be a pause in interest rate during most of 2019.

    The market is selling the Aussie dollars in response to slow economy, correction in the housing market that will affect the economy and the rising of labour party with their anti investment policies, especially with negative gearing and capital gain tax.


    The market is thinking RSG is on track to complete the construction of underground automated mine at Sysma this month ( full commissioning by June).


    Plenty of upside ahead, hence I am in big time.


    Only my thoughts.

    cheers, Sydney



 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
43.5¢
Change
0.020(4.82%)
Mkt cap ! $1.543B
Open High Low Value Volume
42.5¢ 44.5¢ 42.0¢ $10.17M 23.38M

Buyers (Bids)

No. Vol. Price($)
9 252583 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 265791 4
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.