RED 0.00% 37.0¢ red 5 limited

th - left field issue, page-45

  1. 4,060 Posts.
    lightbulb Created with Sketch. 418
    The company had 19 mill in the kitty 3 weeks ago. In full production it cost 17mill to go 3 months. Time is something they haven't got right now. That mill simply has to be switched on. If the dam cost a few mill to repair it can be coped with, but no running mill and its curtains. Of course there would be a class action against GHD for losses during downtime etc. but how long will that take to get? Years?

    If they go belly up my portfolio will sink. I stupidly put too much weight in these guys looking for a short term buck.

    As for the dam, I've been speaking to our bulk earthworks contractor about possible reasons and possible fixes and plain fact is that there most likely isn't a quick fix. If its failed it needs rebuild. Isolation of failed section and rebuild. This would take months.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
0.000(0.00%)
Mkt cap ! $2.516B
Open High Low Value Volume
37.5¢ 37.5¢ 36.3¢ $3.049M 8.262M

Buyers (Bids)

No. Vol. Price($)
8 269461 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 805057 10
View Market Depth
Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.