RSG 5.06% 41.5¢ resolute mining limited

Hi ramon,This reminded me of my previous investment in Kogan...

  1. 254 Posts.
    lightbulb Created with Sketch. 25
    Hi ramon,

    This reminded me of my previous investment in Kogan (KGN) a couple of weeks ago. The share price keep falling each day before the quarterly report announcement on 17/1/2018 even though the Dow was going up at the same time.

    So I thought the quarterly report of KGN was going to be bad. Thinking that the share price shorters know in advance and I too sell the shares Guess what?   When the quarterly report came up,  the share price of KGN shot through the roof. In fact it went up from $3.25 at close of trading on 16/1/2019 to $4.83 (up 48%) on 21/01/2019 - in a matter of 3 days. So I felt cheated that you think the share price of KGN going down even though the Dow is up could be a sign of bad announcement. Instead it was pure market manipulation to get KGN shares lower for the market buyers to get in cheap.

    I believe this could be the case and reasons for the RSG share price keep falling when gold prices and other gold related shares keep going up!

    Isdhope
 
watchlist Created with Sketch. Add RSG (ASX) to my watchlist
(20min delay)
Last
41.5¢
Change
0.020(5.06%)
Mkt cap ! $1.543B
Open High Low Value Volume
40.5¢ 41.5¢ 39.5¢ $4.200M 10.27M

Buyers (Bids)

No. Vol. Price($)
7 274193 41.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 1412665 8
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
RSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.