Personally lm hoping for a stock market collapse. Gold will be the big winner. Maybe it sounds counter productive given l hold all my gold exposure in equities (Red5), but this is how l rationalize it. All equities will take a hit in any major sell off as panic selling sets in. Any producing gold miners with a good balance sheet and proven reserve, will quickly rebound as smart money looks to preserve its capital, buying up select gold miners in stable counties at historically cheap prices. There aren't a whole lot of contenders, so those that fit this general criteria, will rebound to much greater heights than before the broad market sell off. lnvestors will be looking for quality stocks with minimal down sife risk. If Red 5 doesn't fit all those criteria, lm a monkeys uncle. Happy to hear variations on this. Red5 for me is a five year invesent rather than short term trade.
- Forums
- ASX - By Stock
- RED
- Ann: East Coast Roadshow Presentation
Ann: East Coast Roadshow Presentation, page-9
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
|
|||||
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($) | Vol. | No. |
---|---|---|
35.5¢ | 479161 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 106421 | 0.350 |
13 | 386352 | 0.345 |
29 | 2197410 | 0.340 |
34 | 1542563 | 0.335 |
35 | 1256783 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 364767 | 8 |
0.360 | 689961 | 15 |
0.365 | 629911 | 14 |
0.370 | 727846 | 7 |
0.375 | 829372 | 13 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |