Price will drift downwards to the 9 - 10 cent range whilst shareholders wait for the next quarterly. Cash burn, AISC etc will reveal if any improvements have been made. Disappointing results will see the share price tumble and then expect a bid from a professional outfit such as NST who might bid 16 cents, offer MW a golden handshake to accept the bid and holders will be happy to get their money back from their investment in the capital raise. An outfit like NST would certainly turn this project around.
- Forums
- ASX - By Stock
- RED
- Ann: Completion of fully underwritten $90 million equity raising
Ann: Completion of fully underwritten $90 million equity raising, page-47
-
- There are more pages in this discussion • 238 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
|
|||||
Last
36.5¢ |
Change
0.010(2.82%) |
Mkt cap ! $2.431B |
Open | High | Low | Value | Volume |
36.0¢ | 37.0¢ | 35.3¢ | $6.590M | 18.15M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1394994 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 844808 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1394994 | 0.365 |
11 | 965330 | 0.360 |
16 | 1160084 | 0.355 |
32 | 1052305 | 0.350 |
21 | 781391 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 844808 | 13 |
0.375 | 1811888 | 21 |
0.380 | 467321 | 12 |
0.385 | 322363 | 7 |
0.390 | 898749 | 14 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online