RED 1.72% 28.5¢ red 5 limited

Most who bought at 6 have likely sold by now (wisely). I was...

  1. 1,674 Posts.
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    Most who bought at 6 have likely sold by now (wisely). I was mainly referring to the last couple of years which has been a hard time for holders. The track record of RED gives posters every right to attack the board. It in not necessarily 'in the guise' of anything.

    Incidentally I regard your position a good investment but not a wise hold.

    1. You had a 5 or 6 bagger.
    2. RED hit trouble for a couple of years where the true incompetence of management was revealed (and associated financial impacts).
    3. You now have a 3 bagger - but that's not the point, read below.

    So, what if RED sp continued to fall to lower levels at any time in the last 2 years? You'd have less than a 3 bagger. If you repeat this strategy and hold a badly performing company from a great initial entry you will lose big time.

    Contrast that with:
    1. Selling based on 5 bagging per se.
    2. Selling based on RED's poor metrics of Darlot and Siana at anytime in the last two years (a major signal).
    3. Rotating some of that 5 bagger into a quality company with nice divvies and good CG prospects.
 
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28.5¢
Change
-0.005(1.72%)
Mkt cap ! $1.938B
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28.5¢ 29.5¢ 28.0¢ $8.190M 28.59M

Buyers (Bids)

No. Vol. Price($)
25 880868 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 551056 17
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Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
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