In the short to medium term SP is driven by sentiment. Long term, SP are driven by earnings based on the valuation relative to other investment avenues (other gold miners in particular). We are currently spoilt for choice in the ASX as a lot of our goldies are firing on all cylinders. Unfortunately per my post on the other thread RRL's track record have not been the most sound. For someone that has held since 2012 (albeit a small parcel) she is only starting to look a little bit more solid compared to the competition. I'm willing to bet that there are a few holders out there in my position that has held this baby since the last gold bull run and only starting to see a glimmer of green on the screen. This in my book have always been the main drag on RRL. Lucky enough to have picked up more at around $1.25 in 2015 so all well and good for my personal situation but for those that have had this at the bottom of the drawer since the last gold bull run at a -81% decline ($5.71 to $1.08) is something you don't easily forget...
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Last
$1.68 |
Change
0.000(0.00%) |
Mkt cap ! $1.265B |
Open | High | Low | Value | Volume |
$1.70 | $1.71 | $1.67 | $6.370M | 3.759M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4209 | $1.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.69 | 43263 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4209 | 1.675 |
6 | 16176 | 1.670 |
11 | 102166 | 1.665 |
8 | 46026 | 1.660 |
5 | 78234 | 1.655 |
Price($) | Vol. | No. |
---|---|---|
1.685 | 43263 | 3 |
1.690 | 99760 | 7 |
1.695 | 21850 | 2 |
1.700 | 35777 | 4 |
1.705 | 38047 | 4 |
Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
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RRL (ASX) Chart |