RSG 1.23% 40.0¢ resolute mining limited

Bad sentiment at the moment. Some of the bulls lost a ball or...

  1. 154 Posts.
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    Bad sentiment at the moment. Some of the bulls lost a ball or two and the bears are louder haha

    As I said I reduced my holdings simply because I've lost one ball too and I put some money into AQG as it started ripping up, some into WGX and some cash aside to possibly buy RSG back if I get my ball back! It paid off for now but the jury is still out on that move.

    It seems RSG behaves in a similar way as some of the other stocks that completed project and are ramping up. Have a look at AQG for example. I was a holder and I got frustrated same way like here with the stock going up and down. I studied them and I've read everything from bad bad Turkey, their plant will fail, they will have ramping up issues, blah blah blah ... So finally all that got to me and I sold out just to buy back at higher prices. 

    Have a look at the AQG how it traded for the past three years and how it went down just before the big run up.

    SAR also got sold down just before the big move up.

    Frankly looks to me like there is a lot of manipulation going in the markets.

    Now, I am not suggesting for a second that RSG is dropping as it is about to see a run up. I have absolutely no idea what will happen next. This is why I took some off the table to hedge myself either way. Fingers crossed for all the long term holders including myself that RSG delivers the goods. 

    Now remember, I am the confused one.

    This is only in my opinion, not offered or to be taken as financial advice, DYOR
 
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Last
40.0¢
Change
-0.005(1.23%)
Mkt cap ! $1.543B
Open High Low Value Volume
40.5¢ 40.5¢ 37.5¢ $22.35M 57.19M

Buyers (Bids)

No. Vol. Price($)
2 14881 39.5¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 668567 8
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
RSG (ASX) Chart
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