Again yesterday it seemed the trading in RED was completely dominated by big investors, presumably inst'o's. Until that sort of trading settles down the price of RED will remain in the hands of 'big guys' who may be better informed about RED's progress with the CDO, but may also be reacting to the gold price movement.
I'm feeling that if the CDO was to be dropped there could be a big surge in RED's share price given the recent trading (both price movement and volume).
Any other views?
speculative buy, page-23
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Last
40.5¢ |
Change
-0.010(2.41%) |
Mkt cap ! $2.755B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.3¢ | 39.5¢ | $5.806M | 14.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 732397 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 927828 | 9 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |