Well well well, an actual buy and hold institutional investor, good sign IMO, Gold price in AUD absolutely rocking at the moment, papers over the poor management, if they can actually make operational improvements this thing can really run.
IMO it's a decent time to be looking at hedging portions of production, then looking at re-finance options as interest rates start to drop again, it's imprudent not to have circa 30-40% of production hedged at these all time highs in Gold price, although never over 50%.
Just my opinion, the best time to lock in prices and get new capital is at all time highs and when you don't actually need the extra capital.
Ann: Becoming a substantial holder, page-2
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Last
$2.54 |
Change
0.060(2.42%) |
Mkt cap ! $1.918B | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.54 | $11.38M | 4.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40092 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 26938 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |