RED 1.37% 37.0¢ red 5 limited

Lopez decision, page-2

  1. 818 Posts.
    lightbulb Created with Sketch. 5
    Indeed probably good news for most Philippines based miners - however I think it would be unwise to assume that it will be "back to the good ole days" with Lopez's rejection because Duterte himself is anti-mining.

    Will be interesting to see if the market starts pricing in receiving approval for the tailings dam just on this news alone...

    Personally I think that wold be unwise, but once they get the approval RED looks like a cracking buy (but not before).
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
0.005(1.37%)
Mkt cap ! $2.516B
Open High Low Value Volume
37.0¢ 37.5¢ 35.8¢ $8.856M 24.10M

Buyers (Bids)

No. Vol. Price($)
21 860323 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 338782 9
View Market Depth
Last trade - 16.10pm 21/08/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.