2024 is still a while away and 300 mil should not be too much, considering if things go according to plan should be generating 20-50 mil in cash flow/quarter, although RRl hasn't done that in a long time. Refinancing all or part should not be that big of a deal and still have 160 mil-ish cash on hand (for now at least). Doubt would need a cap raise, if it did would need to offer something pretty good to share holders as last one was only 20% supported. I get your point though and debt could be a reason for the shorting. Inflation squeezing margins and breakout in USD could be others. Risks around the debt may be why rrl more shorted than most.
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Last
$1.76 |
Change
-0.055(3.03%) |
Mkt cap ! $1.329B |
Open | High | Low | Value | Volume |
$1.81 | $1.81 | $1.75 | $10.67M | 6.020M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13179 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.77 | 35807 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13179 | 1.760 |
1 | 6716 | 1.755 |
4 | 16715 | 1.750 |
6 | 92290 | 1.745 |
4 | 40487 | 1.740 |
Price($) | Vol. | No. |
---|---|---|
1.765 | 35807 | 2 |
1.770 | 71059 | 3 |
1.775 | 42631 | 3 |
1.780 | 20816 | 2 |
1.785 | 6692 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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