RED 1.14% 44.5¢ red 5 limited

Ann: March 2024 Quarterly Webcast Presentation, page-3

  1. 1,085 Posts.
    lightbulb Created with Sketch. 410
    Surely all that really matters is that trade payables are on normal terms, as they have consistently said for the last several quarters, and there's no reason not to believe them.

    The thing about trade payables is they will normally fluctuate, e.g. this quarter waste stripping accelerated so trade payables will naturally be significantly higher. Now if they showed a higher trade payables number it could be misleading because everyone would jump up and down and worry things are getting out of hand. But things are not getting out of hand, even with the accelerated waste stripping we're still repaying debt as scheduled and banking cash.

    I sold down 1/3 of my stake yesterday taking profits, my average price is 15c after all. I wish I'd held on a bit longer! I always pick the wrong time to sell, at least now that I've sold a little bit you all can be sure the share price will rally to new highs! lol.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
44.5¢
Change
0.005(1.14%)
Mkt cap ! $1.541B
Open High Low Value Volume
44.0¢ 44.5¢ 43.0¢ $7.563M 17.14M

Buyers (Bids)

No. Vol. Price($)
9 388167 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 720009 7
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
44.0¢
  Change
0.005 ( 0.16 %)
Open High Low Volume
43.8¢ 44.5¢ 43.0¢ 8029811
Last updated 15.59pm 14/06/2024 ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.