I see nothing but rrl to continue North next week. I'll await to see all the new brokerage reports and see the new rerating.
Gold price is still $1,500 aud, and the absolute downside for rrl is $1,425 aud as they hedge.
The only issue with rrl is rrl itself. But from their annoucements it appears that they have addressed a lot of shareholders concern like:
-strong production
-mine life expansion
-reserve upgrade and exploration plans for growth
-attractive dividends
-share buybacks
Rrl should be around $1.8-$2 if we do a peer to peer comparison. They are not because of managements unreliability and credibility due to continuous under promising annoucements. I feel they are back on track and cannot wait to see what happens next week.
- Forums
- ASX - By Stock
- June Research Report - Regis Resources
I see nothing but rrl to continue North next week. I'll await to...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RRL (ASX) to my watchlist
|
|||||
Last
$1.65 |
Change
0.023(1.38%) |
Mkt cap ! $1.234B |
Open | High | Low | Value | Volume |
$1.65 | $1.65 | $1.62 | $1.415M | 865.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 28378 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.65 | 51364 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 19292 | 1.635 |
19 | 99560 | 1.630 |
25 | 201451 | 1.625 |
30 | 266820 | 1.620 |
12 | 93877 | 1.615 |
Price($) | Vol. | No. |
---|---|---|
1.640 | 106093 | 24 |
1.645 | 78660 | 16 |
1.650 | 102947 | 18 |
1.655 | 411358 | 12 |
1.660 | 68723 | 10 |
Last trade - 11.31am 31/07/2024 (20 minute delay) ? |
Featured News
RRL (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online