RRL are probably e enjoying the temporary POG decline. I reckon that they are utilising the out of the money $1,400 hedging contracts to get them off the books once and for all. Given the total hedging profile of RRL I expect that FY2017 results will be excellent (< $1,000 AISC) and that healthy dividends will remain.
Those that have dry powder remaining will never get an opportunity to buy a quality stock (the best goldie on the ASX IMO) at these prices.
When the POG recovers I expect $6+ per share to be hit in 2017.
Hang tight and don't panic out of this stock!
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.10 |
Change
-0.110(2.61%) |
Mkt cap ! $3.098B | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.23 | $4.09 | $11.24M | 2.717M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3750 | $4.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.13 | 5515 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |