RED 1.14% 44.5¢ red 5 limited

$40 cents club, page-666

  1. 2,310 Posts.
    lightbulb Created with Sketch. 1280
    In Jan 2019 CMM SP was 30c with low liquidity - the definitive "buy signal" for those with eyes that see and brains that know, was massive increase in turnover coupled with a substantial new high (more than double). CMM then had a reasonable run till its game changer end of FY'21 report which started a fresh rerate which culminated in its index elevation(s) in late '21 early'22 .... since then the SP has been remarkably stable.
    Congratulations to those who enjoyed a Disallowed. Imagine if some of these dudes had said, when they saw RED SP at 13c "this is as good as it gets in CMM, lets buy a big bunch of this future champion" ... they would be true legends.
    I suggest that once RED gets into the GDXJ, and it pays down debt, its SP will stabilise in similar fashion (if the POG remains supportive).
    Now there's a major difference between RED (KOTH) and CMM - only the former is seen as an inevitable "regional consolidation centre" - this remains RED "special sauce".
    Selling your champions is the hardest thing - but it is a key characteristic of champion investors - who are looking for the next champion.
    I bought RED very cheaply (5c) and accumulated well, but held too long and strong, didn't trade enough, and had endless strife with the bride who threw back at me some of my own mantras, but here we are - now a big money box that keeps the bride happy, but I'm restless and wary.
    https://hotcopper.com.au/data/attachments/5798/5798933-8d251758c2b7247d3333c259f991281f.jpg
    Last edited by MIStragic: 07/12/23
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
44.5¢
Change
0.005(1.14%)
Mkt cap ! $1.541B
Open High Low Value Volume
44.0¢ 44.5¢ 43.0¢ $7.563M 17.14M

Buyers (Bids)

No. Vol. Price($)
9 388167 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 720009 7
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
44.0¢
  Change
0.005 ( 0.16 %)
Open High Low Volume
43.8¢ 44.5¢ 43.0¢ 8029811
Last updated 15.59pm 14/06/2024 ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.