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.
2024 is still a while away and 300 mil should not be too much,...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
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
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |