RRL are probably e enjoying the temporary POG decline. I reckon that they are utilising the out of the money $1,400 hedging contracts to get them off the books once and for all. Given the total hedging profile of RRL I expect that FY2017 results will be excellent (< $1,000 AISC) and that healthy dividends will remain.
Those that have dry powder remaining will never get an opportunity to buy a quality stock (the best goldie on the ASX IMO) at these prices.
When the POG recovers I expect $6+ per share to be hit in 2017.
Hang tight and don't panic out of this stock!
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Last
$4.15 |
Change
-0.065(1.54%) |
Mkt cap ! $3.132B | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.23 | $4.12 | $4.411M | 1.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 12533 | $4.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.15 | 17927 | 40 |
View Market Depth
| Last trade - 13.51pm 28/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |