Sometimes we get caught up in all the hype and don't take a minute to stand back and be objective.
I've been through RRL's most recent quarterly report as carefully as possible and I cannot see any reason to be excited. As has been alluded to in previous posts the only visible reason this stock is at 17 cents and holding is nearology. This can be very dangerous. Unless, of course, somebody knows something that has not been reported on which has come to light since the report.
People have told me that its tenements are of higher standard than FCN's so I scan the report and they state that no worthy results re Nickel or PGE's were noted in Collurabie. Does anybody out there know whether the tenemants close to FCN's strike have even been worked on.
Any info will help. I hold RRL (bucket loads)
please explain
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Last
$2.04 |
Change
-0.035(1.69%) |
Mkt cap ! $1.563B | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.06 | $2.02 | $823.0K | 402.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 162727 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 57956 | 23 |
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| Last trade - 10.44am 27/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |