Australia's largest stock trading and investment forum Australia's #1 stock forum

RED

Click for more information

0.00%

34.5¢ red 5 limited

Once over 5% you have to notify any time your shareholding...

First 98 Last

Share
Profile

Follow
georisk

1,325 Posts.

74

14/08/24

08:19

Post #: 75195309
Share

Originally posted by MRRC: ↑

It amazes me on a huge overnight upside in GOLD that Red 5 has a huge amount of sellers equal to the buyers on each given day. All those sellers seem to all disappear at the end of each day as today ONLY up 1.5 cents. Clearly someone is keeping a lid on Red 5 share price at present. Love the ASX to investigate if these big guns are using their size to short and call the share price up or down as they please.

With Regent taking another slice of approx 5% in Red 5 shares on top of their other approx 5% they have already they won't need to disclose if they fall below the 5% threshold or announce to the ASX they have just gone under the 5% mark or above for that matter. Very Sneaky in my opinion if what I read about Regent shorting the stock.

Expand

Once over 5% you have to notify any time your shareholding changes by 1%, or drops back below 5%

RED Price at posting: 36.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

TMG

Trigg shares up 16% on Wild Cattle Creek antimony acquisition

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

VNL

Vinyl expands into UK and European markets with acquisition of Serenade platform

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 80 more messages in this thread...

First 98 Last

Add RED (ASX) to my watchlist