Thanks Gutfeeling for answering my questions under this thread
https://hotcopper.com.au/threads/rrl-gold-forward-contracts.6464522/
Given my better understanding of the hedging issues and the fact that hedging only accounts for 20-25% of production (or less than 1 year total production if one wants to quantify total hedging exposure), I topped up today.
I will continue to top up now if prices falls.
There is a time to dollar average downwards, and that is where the share price trades significantly below intrinsic value. This is now occurring in my opinion.
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Last
$4.48 |
Change
-0.085(1.86%) |
Mkt cap ! $3.388B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.54 | $4.45 | $6.192M | 1.380M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 9510 | $4.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.48 | 33995 | 61 |
View Market Depth
| Last trade - 14.23pm 26/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |