Hi Tony, SP is under a fair bit of selling pressure at the moment. But for long term it is a good buy.
If POG just holds around this level 1200 - 1230, from the previous update ann, RRL will be clearing the balance of $20M debt and be debt-free - long mine life.
Just a possibility, if POG holds and oil sustains at these levels, RRL bottom line profit will be revised up and we may get a divy review in the next coming qtrly, here hoping!
Hold on, selling will soon end and RRL will be on its way up.
civaro
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Last
$1.65 |
Change
0.038(2.32%) |
Mkt cap ! $1.220B | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.67 | $1.64 | $1.394M | 845.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3446 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 38819 | 22 |
View Market Depth
| Last trade - 10.37am 20/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |