You better look at the overall picture rather than the hedging alone.
There has been further discussions about the hedging on the forum. You can look up for that.
Current shareprice do not reflect the real value of RRL... this is nothing but corporate games by the big instos.
They smashed the RRL shareprice then raised $650 million at $2.70
Not enough they keep smashing it until tax loss season, so they could accumulate more.
One would think instos would give $650m at $2.70, did a bit of due diligence.
Frustrating but that's the game. and I am all in.
Under valued, page-59
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Last
$1.81 |
Change
0.040(2.26%) |
Mkt cap ! $1.367B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.86 | $1.80 | $10.19M | 5.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71533 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 2755 | 1 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |