That’s how I see it too. The market correction is happening and the sentiment towards gold is changing fast.
The probability of a “Gold Rush'' outweighs the probability of “panic selling” over an operational hiccup that might have resulted in a moderate (although considered material) adjustment to the original guidance. Our loss over this “geotechnical issue” is relative in that RRL won’t go up as much as its peers’. The following graphs are very telling:
In the past 5 days, BitCoin down 11.2%, NASDAQ down 5.8% whereas Gold futures up 1.2%.
In the past 3 months, BitCoin down 30.13%, NASDAQ down 5.75% whereas Gold futures up 2.02%.
- Forums
- ASX - By Stock
- RRL
- Ann: Trading Halt
Ann: Trading Halt, page-50
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RRL (ASX) to my watchlist
|
|||||
Last
$1.65 |
Change
0.020(1.23%) |
Mkt cap ! $1.246B |
Open | High | Low | Value | Volume |
$1.66 | $1.66 | $1.64 | $2.714M | 1.568M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12084 | $1.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.57 | 37019 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 1.660 |
1 | 300 | 1.650 |
1 | 10000 | 1.640 |
1 | 10000 | 1.635 |
1 | 95 | 1.610 |
Price($) | Vol. | No. |
---|---|---|
1.615 | 5264 | 1 |
1.620 | 5264 | 1 |
1.625 | 5264 | 1 |
1.630 | 5264 | 1 |
1.635 | 5264 | 1 |
Last trade - 11.57am 16/08/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |