I don't think that is entirely correct Bugwan. He sold a few days ago calling a bottomless pit, only for the shareprice to rocket in the other direction (see below). That very day after the below, the share price rocketed up 5%.
The fact is RRL is hugely profitable, and severely undervalued. You buy, not sell, when this is the case. Goldnumber has zero clue....
Under valued, page-996
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 (20min delay)
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Last
$1.99 |
Change
-0.030(1.49%) |
Mkt cap ! $1.503B | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.02 | $1.95 | $7.246M | 3.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |