No offence to the brokers and their price targets, but they adjust them to reflect the previous movements in the share prices, notice the recent re-ratings of FMG after they all had it wrong for so long.
Why should RRL trade at 12x (increasing) forward earnings when the market average is >21x?
Ann: Quarterly Activities Report, page-29
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Last
$1.78 |
Change
0.015(0.85%) |
Mkt cap ! $1.340B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.79 | $1.76 | $6.713M | 3.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49622 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 42062 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |