RED 1.64% 30.0¢ red 5 limited

$40 cents club, page-1558

  1. 287 Posts.
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    Thats the game for sure Albatros. Most of us know that stock markets around the world are heavily manipulated with total impunity. Sometimes the little guys make some cash, but you can bet your bottom dollar that the big players try ever trick in the book to get their shares before they do. Whats happening here now with Red5 is a text book example that will probably be taught in economics lectures in the future. Best sell for those naieve or needing cash. l will sit it out, maybe scream at the sky a few times - but knowing full well it will rebound hard simply because the metrics say it will. l guess the only think that will kill that, would be if the market collapses and there is an across the board sell off. l hope we rebound before that happens, if not - may have to wait a few years before it rebounds on the other side.

    l will wait, dont have to sell. Still convinced of the gold story going out to 2030, so cant really lose if l have patience. The unknow is what Tonkin might do, but its in his interests to maximise value in the company. The flip side of this. Powerful entities know what a treasure this company is and want a sizable stake at any cost. Great buying opportunity for those who have firm hands.
 
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Last
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $2.040B
Open High Low Value Volume
31.0¢ 31.0¢ 29.3¢ $10.78M 35.97M

Buyers (Bids)

No. Vol. Price($)
2 262175 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 215007 9
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Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
RED (ASX) Chart
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