Thanks Gutfeeling for answering my questions under this thread
https://hotcopper.com.au/threads/rrl-gold-forward-contracts.6464522/
Given my better understanding of the hedging issues and the fact that hedging only accounts for 20-25% of production (or less than 1 year total production if one wants to quantify total hedging exposure), I topped up today.
I will continue to top up now if prices falls.
There is a time to dollar average downwards, and that is where the share price trades significantly below intrinsic value. This is now occurring in my opinion.
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Last
$4.56 |
Change
-0.080(1.72%) |
Mkt cap ! $3.444B | |||
| Open | High | Low | Value | Volume |
| $4.60 | $4.63 | $4.51 | $17.87M | 3.932M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 26148 | $4.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.57 | 17051 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |