I am with you troy high risk high reward, therefore a low weighting for portfolio in my gold asset class. I too have been around this stock for ten years too Colin and if you looked at what happened before red actually restarted the project there was massive risk and also massive upside. The upside is still there if it can be realised, will it who's knows. There have been dozens of companies in much worse situations than red. I think the fact that they got the money to restart means they put a compelling case to the money men. To single out red as not informing the market enough is a little harsh , they said it would be six months to fully ramp up and give guidance moving forward so apart from quartelys I don't expect to much till June. KCN and RRL have had some monumental boo boos in the last year or so and not much news in between. For mine, the plant is there, the gold is there and happy to take a punt. By Christmas we will know whether the down rampers have inside info or looking to get a cheap entry point. In between algo trading of larger stocks and the rumour mill of the small caps the Stockmarket as a whole is a load of rubbish. RED,s story will become clear soon. You can take bank interest or buy a ticket and take the ASX roller coaster on it your choice and your choice alone. DYOR.
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Last
34.0¢ |
Change
0.020(6.25%) |
Mkt cap ! $2.312B |
Open | High | Low | Value | Volume |
32.0¢ | 34.0¢ | 32.0¢ | $18.95M | 56.93M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 1015223 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 0.335 |
16 | 2793525 | 0.330 |
17 | 1183035 | 0.325 |
37 | 2285583 | 0.320 |
15 | 714977 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 1015223 | 12 |
0.345 | 991829 | 9 |
0.350 | 306612 | 10 |
0.355 | 542679 | 13 |
0.360 | 1014506 | 17 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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