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Where do we see Regis Resources Ltd (RRL) long term? My investigations tend to project an increase in revenue when their hedge book ends early 2024 at which time the price of gold could be at an all time high and this stock could start paying a dividend.

Any wiser minds thoughts on that one?

I do not currently and have never held stock in this company.
 
RE Gold, it's benefited greatly from the Israel-Palastine conflict, such that I sold $250 of my gold holdings.

Technically, it seems to be forming a bull flag/cup handle, so it should break out further.
 
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Taylor said:
Where do we see Regis Resources Ltd (RRL) long term? My investigations tend to project an increase in revenue when their hedge book ends early 2024 at which time the price of gold could be at an all time high and this stock could start paying a dividend.

Any wiser minds thoughts on that one?

I do not currently and have never held stock in this company.
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Don't follow them but were they the the mob that had a disastrous hedge book situation a year or 2 back.
 
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SQM has framed its offer with Rinehart’s Liontown antics in mind. The offer is $3.52 a share by scheme of arrangement, or $3.50 by an off-market takeover offer if the scheme looks set to fail because “somebody” acquires a blocking stake of more than 19%.
As it is, Rinehart’s broker was said to be soaking up big lines of Azure stock in yesterday’s market at or close to the SQM takeover bid price, with an apparent order to get to 19.9%.
Ironically, the heavy trade in Azure – 100.7 million shares or 24% of its fully paid ordinary shares were traded – was due in part to what happened to Liontown’s share price when Albemarle walked away from the $3 a share offer. It is now a $1.71 stock.
Think of it as a stampede effect because of Rinehart’s Liontown intervention.
But the way the SQM bid(s) is structured means the offer will play out differently. If the $3.50 takeover bid comes into play, SQM will buy what it can without conditions.
It could be that Rinehart likes the thought of partnering up with SQM at Andover through a 19.9% Azure stake. What is more certain is the Azure board unanimously recommends the SQM approach in the absence of a superior proposal.
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Kram said:
What % of HotCopper poster aren't complete nuffies, gotta be less than 10%.

And that's probably pretty generous.
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Assume that every hotcopper poster is a boomer using HC as a social network while busy losing money on stocks. Most lack analytical ability, investing strategy or cognitive function.
 
ash_1050 said:
Assume that every hotcopper poster is a boomer using HC as a social network while busy losing money on stocks. Most lack analytical ability, investing strategy or cognitive function.
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I was looking at it a little during Covid however anytime anyone mentioned risk, challenges etc a spec stock might face, immediate calls of 'downramper'. Always surprised that posters always though a post on a stock forum could crash a stock.
 
I decided to grab $1000 worth of IFRA, because it's practically at GFC lows and it seems to be bottoming out. Plus the AUD is a crowded short and appears to be bottoming out for the time being. That, and the ETF appears to be bottoming out because there's a rotation to utilities (XLU) in the US. That said, infrastructure tends to underperform early in the cycle, so this has to be a longer-term investment.


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International and Australian REIT's have also been beaten up, but I'm not sure they've bottomed yet, so I've just topped up my Vanguard Index Fund accounts. Still worth keeping an eye on though, especially the ones hedged in AUD. Plus REITs outperform early in the investing cycle:

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RNU also appears to be forming a bull flag.
 

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Channels said:
Same could be said about Bigfooty!
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Heh, I've said plenty of dumb things on here (mostly RE bonds).

FWIW, for those who can short US stocks, in light of insider selling plus a truly depraved sex scandal involving their CEO, ANF (Abercombie & Fitch) is probably the #1 choice.

I also plan to buy some long puts on AAPL after their 'scary fast' event comes through the pipeline (probably missing earnings).

HMST is also likely to go bankrupt, but I expect it to pop after earnings (today or tomorrow)*.

*Has to be balanced against US small-caps continuing to decline and also banks declining again after Jamie Dimon sold some JPM shares.

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