RRL 4.02% $2.07 regis resources limited

Ann: FY2019 Financial Results Presentation, page-3

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  1. 1,328 Posts.
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    A solid report indeed. Market however appears to be saying that this is as good as it gets ?
    Sell down and shorts on the increase; some who may doubt McPhillamys; going from open pit to U/G...these may be weighing on the SP and currently RRL seems to have lost the ability to hold that 5.60 level and above for now.
    Or just some insto's wanting to get it significantly cheaper ?
    Watching closely but sentiment unchanged due to macro factors.

    G
 
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