RRL is a value trap... I traded this from $2.98 to $1.26 then back Upto $1.90. Lost $23k doing that... I am back hoping to recover that and bit more... wasted almost 2 years on this.
At least there are few positives to look forward to.. I couldn't wait until this horrible hedge to finish. It has less than 1 year to go. Also there are few forecasts saying AUD can go below 0.60USD. That is more than 3100 AUD per ounce at current pog. There is a big potential to build huge cash pile for next few years....
RRL is paper tiger like SLR and SBM.... they know how to screw there shareholders....
glth & dyo
RRL Price at posting:
$1.50 Sentiment: Buy Disclosure: Held
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