A main shareholder in RRL (in common with several Australian gold producers) is VanEck Associates Corporation, with 61 million shares held in the GDXJ ETF -v currently it is in the process of widening the range of companies represented in the ETF ... so it's selling off a lot of the larger holdings, including RRL, RSG, SBM, and others ... driving their price below fair value ....
My view is it's a buying opportunity.
A main shareholder in RRL (in common with several Australian...
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Last
$2.56 |
Change
-0.030(1.16%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.60 | $2.54 | $4.403M | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94933 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 35564 | 3 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
