I don’t know the history of the hedging but it was pure madness to commit so many years forward. I also am not sure that the nuts and bolts of the hedging were transparently disclosed. The way I read it was that the sales income per ounce of gold sold would increase over time which is contrary to today’s announcement.
If there is any positive from the hedging I hope this will prevent RRL adding to the hedging anytime soon so that the company can ride the gold bull market to the max when it gets into full swing.
- Forums
- ASX - By Stock
- RRL
- Ann: Change to Hedging Structure
Ann: Change to Hedging Structure, page-6
-
- There are more pages in this discussion • 87 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
(20min delay)
|
|||||
Last
$1.77 |
Change
0.015(0.85%) |
Mkt cap ! $1.325B |
Open | High | Low | Value | Volume |
$1.78 | $1.79 | $1.76 | $537.4K | 302.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 43113 | $1.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.77 | 13227 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 6424 | 1.765 |
11 | 74859 | 1.760 |
10 | 64569 | 1.755 |
9 | 24824 | 1.750 |
9 | 298718 | 1.745 |
Price($) | Vol. | No. |
---|---|---|
1.770 | 21369 | 14 |
1.775 | 59688 | 15 |
1.780 | 27486 | 12 |
1.785 | 90406 | 12 |
1.790 | 35642 | 13 |
Last trade - 10.14am 10/09/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |