Absent for a week and most likely never to return. Expect him to reappear as another poster, so be wary of anyone suggesting management has done a good job getting Red to where it is today with its state of the art mill and long life mine.
the cash burn is phenomenal, and I wonder if any corners were cut in the plant's manufacturing. It was a fixed price contract and company awarded the contract would have taken a significant hit in construction costs.
Who really knows.
Ann: Completion of fully underwritten $90 million equity raising, page-61
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $1.679B | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 48.5¢ | $1.630M | 3.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 620995 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 1585586 | 58 |
View Market Depth
| Last trade - 13.27pm 22/05/2024 (20 minute delay) ? |
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Last
48.3¢ |
Change
-0.005 ( 0.88 %) |
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| Open | High | Low | Volume | ||
| 49.0¢ | 49.3¢ | 48.3¢ | 1186168 | ||
| Last updated 13.45pm 22/05/2024 ? | |||||
| RED (ASX) Chart |