RED looks like it will head back to its former high very soon.
Being a near term low cost producer, RED will become the flavour of the month. The share consolidation may make it more attractive to overseas investors.
What is lacking is some good tenements which they can explore and prove up another 2-3 million ounces of resources. If they can do that then RED will be a multibagger from here.
loki
"enquire", page-9
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Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $2.414B | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 34.5¢ | $7.489M | 21.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 358836 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 1047687 | 13 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| VAU (ASX) Chart |