Na ah, My guess is that institutional investors have decided that RED has morphed into a giant feeding trough and is way too top heavy for their liking.
Remember when mergers were meant to streamline the workforce and improve efficiencies? I can't remember a merged entity ever retaining all BoD's and I'm older than Methuselah
Red Shares owned by Red = 411,662,268, page-40
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.8¢ | 36.8¢ | $13.81M | 36.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2044679 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 571259 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |