RED 1.72% 28.5¢ red 5 limited

$40 cents club, page-981

  1. 287 Posts.
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    SuperGrass / MIStragic.... l agree entirely. We got the mill built at a price much cheaper than today. We got the loan to do all of this on the back of hedged future sales, but its done and dusted. Cash flow is better than anticipated and likely to grow, so why gripe? The future looks incredibly bright from where l sit and the hedges will be gone in 26 short months anyway. From my understanding, the merged entity will be much greater than the sum of its parts, yet people winge continually on both forums. Instead of sharing gloom and negativity, just sell up and move on. As l've said a thousand times, there is a lot more upside in Red's SP especially when the market finally realises we are sitting on a unique long life gold reserve in a very low leveraged position. The cherry on top? Our mine is in Australia, the most geopolitically stable nation on the planet.
 
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Last
28.5¢
Change
-0.005(1.72%)
Mkt cap ! $1.938B
Open High Low Value Volume
28.5¢ 29.5¢ 28.0¢ $8.190M 28.59M

Buyers (Bids)

No. Vol. Price($)
25 880868 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 551056 17
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Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
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