I’d really encourage anyone researching a stock to read ASX announcements from the company going back 2 years as a minimum, preferably 10 years. So much detail is left out of the glossy presentations. The following announcement titled “closure of hedge book”, which is easily found on this site, has the information you are seeking.
https://hotcopper.com.au/threads/ann-closure-of-hedge-book.77521
Also, not sure about the “growing production profile” you mention. The Moolart Well Plant has just been closed and the Mcphillamys development decision has just been iced for another 2 years. In addition the company has forecast reduced production in the year ahead. This information is detailed in the recently released quarterly report.
Interestingly, the company has a lower price now than when it announced the hedge closure, despite a jump in spot price of roughly $700 per ounce. The long held narrative that it was the hedge book holding the company back has not held true.
- Forums
- ASX - By Stock
- RRL
- Ann: Regis grows cash and bullion by a record $109M in Q4FY24
Ann: Regis grows cash and bullion by a record $109M in Q4FY24, page-88
-
- There are more pages in this discussion • 4 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
$1.76 |
Change
-0.020(1.13%) |
Mkt cap ! $1.325B |
Open | High | Low | Value | Volume |
$1.73 | $1.77 | $1.72 | $5.032M | 2.882M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9999 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 11781 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9999 | 1.755 |
4 | 76364 | 1.750 |
3 | 48962 | 1.745 |
2 | 9636 | 1.740 |
2 | 12836 | 1.735 |
Price($) | Vol. | No. |
---|---|---|
1.765 | 13006 | 2 |
1.770 | 11372 | 3 |
1.775 | 75715 | 4 |
1.780 | 65086 | 5 |
1.785 | 4458 | 1 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |