$40 cents club, page-826

Does this not look a bit suspicious - the last minute drop to 28c on low volume? Do people really think that RED's fundamentals have changed so drastically in the last 3 weeks that previous optimism, that envisioned 40-60c SP targets (with or without M&A) is ridiculous, and in the words of a perennial curmudgeon known to regular RED blog followers, MW has set RED up for a cheap takeover at 30-35c .... really ??
As the POG remains strong, one can only assume the half yearly will be a monumental disaster ??

While we're handing out brickbats, isn't it about time that somebody called for Ralph Finlayson's resignation - GMD SP is way down from recent highs !
IMHO, RED is a bargain basement prices (if you believe the POG will be strong in 2024) - note my "sentiment change" from "HOLD to BUY"