RRL regis resources limited

Ann: NPAT $146m and Fully Franked Dividend of 3cps, page-29

  1. 607 Posts.
    lightbulb Created with Sketch. 83
    From my limited experience
    2.3b in assets
    mc of 1.5b
    pe of 8 with a fpe of around 6
    pog has leveled out and I doubt will go under 1700
    what's not to like?
    I never try to catch a falling knife learnt my lesson from APX once this baby starts going up im doubling my holdings
    Trop is an asset not a good growth investment also buying when the pog was at an all time high makes me think Jim is a wanna be big player anyway he got his wish top 5 gold producer in aus
    What's the plan moving forward who knows but I'm keen to jump on this when sentiment changes.
    Gl holders its a bargain atm but I think will drift under 2 dollars my average is 2.80 ouch but LT
 
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