Hold on Trades, that is a bold call for RRL considering its past few years performance.
This quarter saw the highest POG in AUD full stop, plus RRL received a $20m tax refund, so you need to pair your extrapolation back by $80m.
Though hopefully, RRL will be able to become debt free by the end of FY25.
While the market might be happy in the short term, the bigger price sensitive piece of news to come in the near term is RRL FY25 guidance.
I think they will barely produce 400k ounces due to having to close it's Duke North plant (just run out of ore and they have not invested any $$ in recent years). In saying that, my pessimism may prove unfounded and I hope long suffering RRL holders do well.
- Forums
- ASX - By Stock
- Ann: Regis grows cash and bullion by a record $109M in Q4FY24
Hold on Trades, that is a bold call for RRL considering its past...
-
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RRL (ASX) to my watchlist
|
|||||
Last
$1.74 |
Change
-0.025(1.42%) |
Mkt cap ! $1.310B |
Open | High | Low | Value | Volume |
$1.72 | $1.75 | $1.72 | $5.469M | 3.160M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 11513 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 27186 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4349 | 1.730 |
1 | 39871 | 1.725 |
10 | 246649 | 1.720 |
5 | 55728 | 1.715 |
3 | 13134 | 1.710 |
Price($) | Vol. | No. |
---|---|---|
1.735 | 27186 | 2 |
1.740 | 28454 | 2 |
1.745 | 80178 | 5 |
1.750 | 102555 | 4 |
1.755 | 16931 | 2 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |