RED 1.64% 30.0¢ red 5 limited

conversation with ge, page-10

  1. 369 Posts.
    re garrye, at least we are aware of the risks (or at least most of them) at this point. Can't see the company providing that much detail on a weekly basis, especially as, if it goes pear shaped over the next few months (rain or other unforeseen circumstances), they will be telegraphing a capital raise = share price tanking even further. This is very much a fingers crossed that all goes well for the next three months as the silt situation is rectified, production re-commences at the required run-rate and desired cash flows are achieved. I have modeled RED in quite some detail, and totally agree with prior posts re value. This is a +$4 stock (using A$1500/oz gold price) if it all comes together from here. Risk and return I think its called.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $2.040B
Open High Low Value Volume
31.0¢ 31.0¢ 29.3¢ $10.78M 35.97M

Buyers (Bids)

No. Vol. Price($)
2 262175 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 215007 9
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.