Emotional self regulation is a virtue. in investing, it gives you an edge.
This management didn't do the hedges. They inherited them. Marketing is their weakness, although I think being circumspect can help in the long run - under promise, over deliver and all that.
At this point, I'm factoring in an unsuccessful McPs application with redeployment of that capital into another opportunity, and Tropicana exploration and production upside.
I am adding here, 2.28 through to 2.37 yesterday. If this gets much cheaper, management should consider a buy back. Directors should also consider significantly adding to their positions. Shareholders need a strong signal here.
RRL Price at posting:
$2.28 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)