I agree that it is hard to see $2 in the short term,but $1 is a bit harsh. The next quarterly is out soon, and I reckon the result may be like the December 2013 quarterly numbers in this period of consolidation, without last years capex. Rrl look fair value, but I am impressed that a ditector bought 1m shares at these levels back in may.
Price, page-3
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Last
$2.48 |
Change
-0.130(4.98%) |
Mkt cap ! $1.873B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.50 | $2.43 | $11.87M | 4.810M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 32964 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 84034 | 6 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |