RED 1.19% 42.5¢ red 5 limited

Ann: Landmark $125 million capital raising, page-24

  1. 1,053 Posts.
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    Yeah @speculator101, though as you correctly point out, they are relatively small items. The raising is substantial in relation to the scope of it.

    It does surprise me somewhat that they chose late March to raise capital after investors have taken cover and cleared out. But then hindsight makes billionaires.

    The months of April and May will show whether the massive stimulus packages of the banks and the governments, and whether gold stays high and oil remains low.

    @Gazzajohn

    Do yourself a favour please and stop this passive-aggressive sniping. You have gotten it quite wrong talking up how everyone invested in this company will be seeing the price hit 60c, $1 etc. It is not eventuating and it has hit a few snags starting the middle of this month, which I no doubt believe cost quite a number of shareholders dearly. Save your credibility and reputation by being more positive than to intimidate and snipe people who did not share your rosy-coloured optimism. You have committed some beginner errors despite being invested in this stock for 5 years. Broaden your horizon and look at comparable companies and then see why the market may not have warmed to this company despite the prospects. It is quite beneath you to partake in what you are continuously doing.
 
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