Large capex for large cashflows - can't have one without the other.
I agree with Bell Potter that RRL may be an interesting takeover target for an overseas player in part due to the weak AUD:
- 400,000+ oz production profile exclusively in Australia
- Large growth project effectively thrown in for free (presuming Section 10 is dealt with)
- Open share register
- Current EV: US$764M
Large capex for large cashflows - can't have one without the...
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Last
$1.68 |
Change
0.050(3.08%) |
Mkt cap ! $1.265B | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.69 | $1.62 | $7.424M | 4.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19775 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 15224 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |