RED 4.43% 37.8¢ red 5 limited

50 cents and over, page-20

  1. 2,352 Posts.
    lightbulb Created with Sketch. 1310
    65c .... in what time frame ? That would imply a significant appreciation of the POG and all other factors remaining relatively neutral.
    For those who want "capital growth" but no dividends .... have you thought about Bitcoin ? (that assumes its going to endlessly appreciate ???? )
    The only successful investors in the gold miner space are those who actually take capital gains on a regular basis .... not long term "loyal SH's".
    Me, I'm got my fingers, nose and toes crossed that the POG stabilises and the market doesn't "correct" ... downwards to traditional valuations.
    I'm hoping (an emotion not a strategy) that Big RED will further rerate, creating further profit taking points.
    The POG enthusiasts think the only direction is up .... let's see what the "silent hand of the market" does to PMS and gold stocks.
    Both the GDX and GDXJ are slightly up, and the current levels are way above the late 2022 levels ....

    https://hotcopper.com.au/data/attachments/6247/6247789-eaec01b229712964c190bdaec4205810.jpg
    https://hotcopper.com.au/data/attachments/6247/6247793-aa12d260b371321d721f1e4f2717cc14.jpg
    https://hotcopper.com.au/data/attachments/6247/6247798-3f642fb1157f9c7bbfc71e3d8176474d.jpg
 
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Last
37.8¢
Change
-0.018(4.43%)
Mkt cap ! $2.584B
Open High Low Value Volume
39.0¢ 39.8¢ 37.5¢ $5.138M 13.42M

Buyers (Bids)

No. Vol. Price($)
68 1978648 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 1701737 55
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Last trade - 12.57pm 26/07/2024 (20 minute delay) ?
RED (ASX) Chart
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