RRL regis resources limited

I agree HGO, however as we know nothing is certain......It's all...

  1. 438 Posts.
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    I agree HGO, however as we know nothing is certain......It's all about reducing risks and then making a move.

    My two cents:
    -If you look at the fundamentals of a lot of these gold companies (forget that they even produce gold) they are a bit of a cash cow now and this should continue into the future. They are cheaper than when the gold price was around $1300 USD before the pandemic.
    -People are looking to put their money anywhere 'safe' as they are worried about inflati0n eating into their savings. Land is going up, in most places for that reason.
    -Unemployment did go up during the pandemic, but 95% of people kept their jobs and are sitting on a lot of savings
    -People have not been able to travel, go to restaurants etc in lots of places so as covid winds down there is going to be a flurry of activity.
    -Any stocks that are not peaked out (FMG/RIO/Tesla etc are peaked out in price) and pay a good divi like: RRL/IFL/ORG/BPT etc, will have good returns.
    -In about a year when the party is over we will see people realize that the economy is still f*^%ed the shit might hit the fan again.

    I've been buying stocks that are closer to their 1 year low then high and pay a good divi, ideally PE under 20, under 10 if I can find it.

    That's the way I'm playing it anyway.............
 
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Last
$4.39
Change
-0.100(2.23%)
Mkt cap ! $3.316B
Open High Low Value Volume
$4.47 $4.53 $4.37 $16.81M 3.793M

Buyers (Bids)

No. Vol. Price($)
5 51252 $4.36
 

Sellers (Offers)

Price($) Vol. No.
$4.39 7201 1
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Last trade - 16.17pm 27/06/2025 (20 minute delay) ?
RRL (ASX) Chart
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