Hey Fbx - firstly, damn.. I really need to proof read my posts a little better
I look forward to seeing RRLs quarterly. I have very little confidence in everything other than Tropicana.
From time to time they are going to have a decent quarterly just because of timing of sales, but... on average, they basically just keep burning through their cash.
Honestly, it would surprise me if RRL went to $3 quickly (as per your chart)... just as easily as it could back to bellow $2.
RRL has definitely lagged compared to most other producers even with the McPhil news.
RRL is cheap, but... I just struggle to look through what the board have done over the past decade. It's a real balance, between potential short term gains, versus, just keeping my capital in companies that are better run.
Good luck with the trade!
Hey Fbx - firstly, damn.. I really need to proof read my posts a...
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Last
$2.45 |
Change
-0.010(0.41%) |
Mkt cap ! $1.850B | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.46 | $2.42 | $12.66M | 5.180M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 53999 | 7 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |