i still think the most negative sentiment about rrl is their production woes and underprimosies from management. The decline in gold price is offset by the lower aud, but they have a hedge in place so I'm not too worried about front.
Only 2 weeks to go before the qtr release, either way I suspext a rally coming up prior to annoucement, and once annoucement comes out we shall see which side of the coin it flips.
I think at its current price, it's priced it for alot of negativity so not the worse entry point. 12 month low is only at 1.08
June Research Report - Regis Resources, page-25
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Last
$2.53 |
Change
0.010(0.40%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.57 | $2.51 | $1.096M | 431.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 14847 | $2.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.53 | 12363 | 18 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
