It's always great when directors puts their money (and a large chunk of that) in the game.
This gives me the confidence that they will do what is best for the company and its share price in the long haul.
I only have 150k myself. Dividends, buybacks and even the possibility of a takeover gives rrl plenty of upside. if they use their hedge at 1437/oz, assuming margin at $400/oz and 300k production, that's $120m. Less capex ($20m), dividend at 10 cents ($45m), and buyback at avg price $1.4 ($35m) they still would have $20m left over. Not to mention they have about $70m of cash at hand.
Gold is up last night, we should see $1.35 Monday imo.
It's always great when directors puts their money (and a large...
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Last
$4.30 |
Change
-0.170(3.80%) |
Mkt cap ! $3.249B | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.44 | $4.18 | $17.38M | 4.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $4.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.32 | 93859 | 6 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |