RED 1.45% 35.0¢ red 5 limited

Ann: Russell Clark appointed as independent Non-Executive Chair, page-26

  1. 237 Posts.
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    My apologies, Periculum. The trigger point is $40.00 (a 200 bagger for anyone buying at current levels!!!!). Perhaps I don't need to keep my August 2023 diary free after all.

    As for after-market trades, I don't really perceive sinister undertones. Call me a naive country boy.

    They could simply be holders switching between various entities in which they own their RED shares (possibly for tax reasons) and putting the trades through the ASX to provide themselves with a paper trail lest the ATO undertake an investigation in the future. Alternatively, the after-market trades could be trades directly between institutions which would avoid them paying a brokerage fee ("a penny saved is a penny earned").

    From what I've seen, the after-market trades all seem to have been at a price equal to the ASX Closing Price on the relevant days and not trades done which manipulated the share-price in any way.

    That's not to say that the on-market action leading up to the closing bell (and in the 4.00-4.10 matching process) didn't involve a bit of activity to achieve a particular desired Closing Price though. Call me a not-totally-naive-country-boy.

 
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Last
35.0¢
Change
0.005(1.45%)
Mkt cap ! $2.380B
Open High Low Value Volume
35.5¢ 36.0¢ 34.8¢ $7.381M 20.99M

Buyers (Bids)

No. Vol. Price($)
16 500592 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 479161 12
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
RED (ASX) Chart
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