I agree. With capital raising some sell off was justified with the dilution. But this reeks of tax loss selling and weak hands puking at the (hopefully in hindsight) lows. Cutting the dividend in half probably didn't help either, but it was cut for prudent reasons to fund mcphillamys, not because of a hit to their revenue. Being a pure Aussie miner is a plus as well in my book.
I agree. With capital raising some sell off was justified with...
-
- There are more pages in this discussion • 1,180 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.04 |
Change
-0.030(1.45%) |
Mkt cap ! $1.541B | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.06 | $2.02 | $4.922M | 2.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 156312 | 12 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |