I think this party has only recently started, because these results are early drill results and will likely be repeated a few times until the end of drilling in June or July 2019.
RED may have the next 6 months of price rises, and who knows what price it will be in July or August 2019 if these results are repeated 3 or 4 times more. I'm expecting it to be close to 20 cents, or more, because we are seeing the sell side already dry up.
This is likely to be the emerging home grown gold story for 2019, at this rate.
The other interesting event to throw into the mix, is the Philippine elections in May. If these also go RED's way, then further share prices rises are inevitable.
There is a lot to play out, but it could turn out to be a RED year, if most things go their way. So far the trend is good.
Gw
- Forums
- ASX - By Stock
- Ann: Early results from King of the Hills drill program
I think this party has only recently started, because these...
-
- There are more pages in this discussion • 6 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
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $2.040B |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 29.3¢ | $10.78M | 35.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 262175 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 215007 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 262175 | 0.300 |
13 | 1386557 | 0.295 |
29 | 828749 | 0.290 |
19 | 561936 | 0.285 |
29 | 1150695 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 215007 | 9 |
0.310 | 902244 | 12 |
0.315 | 557438 | 8 |
0.320 | 455873 | 12 |
0.325 | 665643 | 15 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |