RED/SLR have been in the portfolio for a long time now. Sad to say I'm running out of patience. The marriage starting to stink a bit. M&A decisions is the fastest way to impairments. SP value destruction is almost a guarantee in the short/medium term if results do not align with market expectations. Worse is failing to deliver long term and balance sheet repair becomes an overwhelming priority. Ultimately when confidence in a stock is lost, it is very hard to get back even if the fundamental value recovers.
Still a hold but very close to a sell.
RED/SLR have been in the portfolio for a long time now. Sad to...
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Last
32.5¢ |
Change
-0.040(11.0%) |
Mkt cap ! $2.244B | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 32.0¢ | $10.50M | 31.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 2090984 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 318349 | 28 |
View Market Depth
| Last trade - 12.57pm 29/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |