RED 2.41% 40.5¢ red 5 limited

Ann: Siana Gold Project progress report, page-20

  1. 2,194 Posts.
    lightbulb Created with Sketch. 53
    Holdsman, pafc united, Jake Dog and others...
    Have been trading this for years and like many others on here got caught out by the "Dam Failure"...
    IMO the Big boys got a heads up because they were selling down before the announcement was made to the market...for all the long timers on here we know the rest of the saga.

    I've taken a punt on the recent announcement to buy...in order to bring my average down to 16c...time will tell if that was a smart move or not...it's a very risky strategy.

    One would think Red and their major backers are confident in getting the CDO lifted...or why spend all that money raised at 10c on thickening plant, more generating equip... Etc?

    The big funds may do a pump and dump and I'm more than happy to break even at 16c

    I genuinely feel for those that bought in when this was heading towards $2

    As always DYOR
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.