Why arnt directors buying? They should be gobbling up 100k at a time at these prices. They would have the best knowledge at how crazily undervalued rrl is. Seen nothing from them for 6 months. P/b well below 1 today. As of close of friday it was 0.98 with a graham number of 0.5. It is getting so low that could be attractive for a hedge fund to come in and liquidate. We could also be the victum of passive funds. We are now 11% owned by Van eck ie gdx. Retail jumping off gdx will affect us as gdx will have to sell. When retail is jumping off I think there is no betyer signal than to buy!
At what point does someone buy RRL?, page-32
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Last
$1.95 |
Change
0.010(0.52%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.97 | $1.92 | $6.325M | 3.245M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7465 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 5883 | 2 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |