I've been asking myself the same question for awhile.
This is a big red stain in my portfolio.
My average purchase price is unfortunately $3.687. So I'm currently -46%, and it hurts.
At the time I bought in, I was convinced the fair value was about $5.
The market obviously disagreed with me quite badly.
I think the fundamentals for RRL are still very strong. I can't quite figure out why it has dropped quite so badly.
Their assets FAR outweigh their debt. (They actually had 0 debt when I bought in).
Their reserves have massive profit potential.
There's definitely been a shift away from gold as a popular stock interest.
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Last
$1.76 |
Change
-0.005(0.28%) |
Mkt cap ! $1.325B |
Open | High | Low | Value | Volume |
$1.78 | $1.79 | $1.75 | $4.830M | 2.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 71476 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.76 | 1005 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11825 | 1.745 |
3 | 8253 | 1.740 |
2 | 5403 | 1.735 |
3 | 12603 | 1.730 |
3 | 13306 | 1.725 |
Price($) | Vol. | No. |
---|---|---|
1.765 | 5825 | 1 |
1.770 | 5825 | 1 |
1.775 | 5825 | 1 |
1.780 | 6225 | 2 |
1.785 | 57323 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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