RED 0.00% 34.5¢ red 5 limited

Ann: Quarterly Activities Report, page-28

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  1. 287 Posts.
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    Strongly agree 100%. Desite all this the SP remains glued to an invisible floor. Bizzare, can't fathom the negative sentiment that has suddenly enveloped Red5. Sure, the number of shares is high, but shares on issue does not affect the market capitalization of said business. MC of Red 5 since merger has been knee capped and nobody seems to know why. Maybe another 12 months of banked earnings, reduction in hedges and clarity from management is whats needed for a re-rate? Maybe buyers are as fickle as the times we live in.Too many maybe's??
 
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