RRS range resources limited
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How is it that on the london stock exchange RRL is one of the...

  1. arsonist
    351 Posts.
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    20/05/11
    16:32
    Post #: 8430807
    How is it that on the london stock exchange RRL is one of the top 10 most traded stocks, and yet on ASX it is barely traded?

    LON:RRL goes up 6%, ASX:RRS goes no where.

    Conversion rate of 1.55 EUD -> AUD means that ASX:RRS should be trading at .27 That's a 6.5% discount.

    Full disclosure - I'm only complaining because I've run out of money and can't buy anymore...
    RRS Price at posting: 25.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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