colincj - Congratulations on your astute trading of G88 shares, and good luck in future with regard to your re-purchase of them.
The decline in the G88 share-price from 12c (when you sold a big parcel) to (2.4c when you re-bought) was about 80%. By comparison, the decline in RED's share-price from its high to its most recent low is a bit less than that (caused in part by additional shares issued over the past year or so - meaning the Market Capitalisation of the company hadn't declined by nearly as much from its peak).
As a continuing (albeit frustrated) shareholder in RED, you must surely have some belief/hope that RED's Market Capitalisation can again reach its former peak of about $1bn in the not-to-distant future (which would see the shares trading at circa 30c).
- Forums
- ASX - By Stock
- RED
- Ann: Russell Clark appointed as independent Non-Executive Chair
Ann: Russell Clark appointed as independent Non-Executive Chair, page-10
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)