Hi Isladar,
I do hold a few RRL in my super, but.... I doubt I will get to spend any of it as future governments will likely take away all my entitlements.
That said, I just don't like Duketon assets, they were treated like crap for years with no thought about extending the mine lives... now they are paying the price. Nothing wrong with Tropicana, just that RRL paid through the nose for it. They are indeed now benefiting from selling into the spot prices, but... with very short mine lives, I just don't see how RRL can grow, instead their production profile is shrinking and that is never good for a mining company.
I guess I just see better options in the market, though yes, RRL is cheap on most metrics.
Good luck and I hope you make a fortune on RRL, I just think they are living on borrowed time, except for Tropicana.
Hi Isladar,I do hold a few RRL in my super, but.... I doubt I...
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Last
$2.58 |
Change
0.040(1.57%) |
Mkt cap ! $1.926B | |||
| Open | High | Low | Value | Volume |
| $2.50 | $2.58 | $2.50 | $1.945M | 767.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 68539 | $2.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.58 | 26576 | 9 |
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| Last trade - 11.51am 11/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |