Patience is the key. The Chart shows the market was swallowing the extra stock last week. This week it only hit $2.70 once. For technical traders it's horrible and for smart investors, they will get a nice kick on other gold mining stocks knowing RRL will be the last one to run with the stock overhang.
In the meantime, the market is providing a nice little discount for the Tropicana deal which may make it stack up a lot better for many investors who thought it might have been expensive to start with.
RRL will have its day in the sun again.
Patience is the key. The Chart shows the market was swallowing...
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 (20min delay)
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Last
$4.09 |
Change
-0.055(1.33%) |
Mkt cap ! $3.068B | |||
| Open | High | Low | Value | Volume |
| $4.04 | $4.10 | $3.99 | $4.459M | 1.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 17522 | $4.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.09 | 30145 | 56 |
View Market Depth
| Last trade - 14.35pm 31/07/2025 (20 minute delay) ? |
| RRL (ASX) Chart |