I would imagine it is because shareholders interpreted the annoucement as a possible capital raising (where will the shares the North American funds come from? I doubt on market).
Also RED looked to be heading towards a downtrend anyway. The annoucement just spurred it on.
I would imagine it is because shareholders interpreted the...
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Last
42.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.891B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31306 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 60340 | 4 |
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| Last trade - 09.46am 15/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |
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