RED 8.20% 33.0¢ red 5 limited

Ann: Investor presentation, page-13

  1. 2,412 Posts.
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    Bitcoin maintenance & mining (using big powerful computers) consumes more electricity than all the solar panels in the world .... what a waste. It makes the use of seashells for currency seem perfectly sensible (and undoubtedly more natural). Gold too is a nonsense - vast amounts of none renewable energy, environmental destruction (just ask why the Phillipines is so anti-mining) and massive diversion of financial resources and good brain power are caused by gold production which in the final analysis is a very durable compact door stopper or paper weight.
    I invest in gold companies for profit, but I get the same uneasy feeling doing so, as an antismoking doctor does investing in tobacco companies.
    Ditto marijuana companies which are glorified alcohol alternatives ..... yeah yeah .... I very well aware of all the hype about medicinal cannabis, but I believe that the vast proportion of sales will be to 'recreational drug users' - making our society even less sober .... OMG, this election circus has completely unbalanced me .... vote for change, vote NO Tony, No Dutton, No ScoMo, No K Philips, NO Clive for gods sake, and No Barnababy !
    And buy more RED while they still remain cheap.
 
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