RED 2.70% 36.0¢ red 5 limited

Despite the market euphoria, my bride is now worried about the...

  1. 2,337 Posts.
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    Despite the market euphoria, my bride is now worried about the A$ .... god give me strength.
    Having navigated her through "peak pessimism" (that was stormy at times) now that we're headed for "peak euphoria" I'm getting 'sell pressure'.
    BUT I say, the trend is your friend, and the US$ POG looks about to make a new high, RED's chart looks solid, with an inflection point forming, on modest volume ..... despite the pressure, I'm holding till the next quarterly is announced.

    IF IF IF that is a ripper, which is at the top of guidance, and KOTH is running like a Lexus on steroids, and debt is further reduced and ....
    All things remaining on track till beyond the end of FY'24, I expect some announcement to reduce the hedging .... that will give the rerate a big boost.
    (no charts today as they would not load - whats going on HC ? )



 
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Last
36.0¢
Change
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Mkt cap ! $2.448B
Open High Low Value Volume
37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

Buyers (Bids)

No. Vol. Price($)
18 1862724 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 2312588 9
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RED (ASX) Chart
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