I would say its a bit of June sell-downs, Looking back over June on a few stocks shows the dips, Then July is off to the races again.
I like RRL as its got growing earnings, a good dividend is projected, Produces 300,000 oz of Gold.
Morningstar Rating is at $1.70c, Earnings for 2016 is over 22c or 28c or so, 6.5c Dividend Projected for 2016, and it has exchange traded Options on it, and the projected dividend is over 5% with growing earnings.
What else could you want, selling a call option nets close to 5% per month at the money. It ticks all my Boxes.
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Last
$4.46 |
Change
0.040(0.90%) |
Mkt cap ! $3.370B | |||
| Open | High | Low | Value | Volume |
| $4.52 | $4.60 | $4.44 | $19.23M | 4.272M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 113 | $4.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.48 | 33187 | 3 |
View Market Depth
| Last trade - 16.20pm 23/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |