Large capex for large cashflows - can't have one without the other.
I agree with Bell Potter that RRL may be an interesting takeover target for an overseas player in part due to the weak AUD:
- 400,000+ oz production profile exclusively in Australia
- Large growth project effectively thrown in for free (presuming Section 10 is dealt with)
- Open share register
- Current EV: US$764M
Ann: Strong Operating Cash Flow of $455M, page-10
Add RRL (ASX) to my watchlist
 (20min delay)
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Last
$2.45 |
Change
-0.010(0.41%) |
Mkt cap ! $1.850B | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.46 | $2.42 | $12.66M | 5.180M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 53999 | 7 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |