Well Patron, that's not the direction of travel ATM. Bearing in mind that AISC are rising due to unrelenting inflation, high energy prices and a continuing tight labour market, it will be interesting to see whats going to reverse the current downtrend in the POG, which these all time SP's are so dependent on.
As big RED is now an institutional stock, it would make sense IMHO for a 1 for 10 consolidation to be announced with the new MD's first statement on the assets, goals and aspirations of his new company.
$50 cents club, page-92
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $2.857B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 40.5¢ | $55.01M | 131.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 136340 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 2109264 | 10 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |