Yes the hedging has been an utter disaster for RRL.
Not sure who voted to put the last lot on (went to 450k oz by end FY19) but in JB's defence already had 390k oz hedged by FY18 before he joined.
At the moment its costing them $100m in pre tax CF per year.
The thing actually isn't too bad once you back that out. Regrettably have 2 years of pain before see the back of this.
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Last
$4.56 |
Change
-0.080(1.72%) |
Mkt cap ! $3.444B | |||
| Open | High | Low | Value | Volume |
| $4.60 | $4.63 | $4.51 | $17.87M | 3.932M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 26148 | $4.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.57 | 17051 | 2 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |