Hi all i don’t mean to be rude but I always laugh when people get upset a stock is CHEAP and in this case at a 75% discount CHEAP!!!
Its like people want to miss out …. and pay more to say they got the stock.
Here is your opportunity and do you want to take it ….???
We all know this is now stupendously cheap but most people sound like they are being blocked psychologically by the share price however not encouraged by the facts.
RRL is now in the box seat for potentially a huge short squeeze right before more US inflation issues filter through the market and don’t forget the US government runs out of money tomorrow night which you don’t hear about.
Evergrande and the Chinese housing market is on the bring of a major meltdown along with other asset classes around the world.
Valuation yield reversal will be a result growing inflation and will also cause a major shift in asset values and business gearing.
The fact that RRL is being shorted in the type of market we are in is also very interesting…. Why do it if the economy is not in great shape and why do it so close to a major 100 year correction.
The current yield of RRL is 30% at $1.76 and I’d love to buy the whole company being that it has a 100k ounce boost forecast for next year.
Time will fix this and the holders that endured this short term dip will be rewarded.
Keep buying the dip !!!!
- Forums
- ASX - By Stock
- RRL
- Under valued
Under valued, page-735
-
-
- There are more pages in this discussion • 494 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
$1.80 |
Change
-0.015(0.83%) |
Mkt cap ! $1.356B |
Open | High | Low | Value | Volume |
$1.82 | $1.84 | $1.79 | $7.972M | 4.420M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 16926 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 2523 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12558 | 1.795 |
4 | 78558 | 1.785 |
7 | 97670 | 1.780 |
2 | 36163 | 1.775 |
6 | 12905 | 1.770 |
Price($) | Vol. | No. |
---|---|---|
1.805 | 27904 | 3 |
1.810 | 49758 | 2 |
1.815 | 15322 | 2 |
1.820 | 57681 | 4 |
1.825 | 5322 | 1 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online