RED 0.00% 34.5¢ red 5 limited

Ann: Russell Clark appointed as independent Non-Executive Chair, page-10

  1. 281 Posts.
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    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).

 
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Currently unlisted public company.

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