RED 6.25% 34.0¢ red 5 limited

great result, page-29

  1. 2,012 Posts.
    Think it was the 16th Ceb.

    The concern here is the volume that was sold today. Who ever was selling down was quite happy to hold last week when the price was higher, but with the credit raising, they are happy to sell off their shares at a lower price to exit the stock.

    Problem now, is the time it will take to break the previous high, with the cap raising and HUGE volume today, you may find a big sell off again around $2.30 which would be a nice profit and accumulation lower again. And so the cycle starts all over again
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
34.0¢
Change
0.020(6.25%)
Mkt cap ! $2.312B
Open High Low Value Volume
32.0¢ 34.0¢ 32.0¢ $18.95M 56.93M

Buyers (Bids)

No. Vol. Price($)
1 8000 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 1015223 12
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.