Surely all that really matters is that trade payables are on normal terms, as they have consistently said for the last several quarters, and there's no reason not to believe them.
The thing about trade payables is they will normally fluctuate, e.g. this quarter waste stripping accelerated so trade payables will naturally be significantly higher. Now if they showed a higher trade payables number it could be misleading because everyone would jump up and down and worry things are getting out of hand. But things are not getting out of hand, even with the accelerated waste stripping we're still repaying debt as scheduled and banking cash.
I sold down 1/3 of my stake yesterday taking profits, my average price is 15c after all. I wish I'd held on a bit longer! I always pick the wrong time to sell, at least now that I've sold a little bit you all can be sure the share price will rally to new highs! lol.
- Forums
- ASX - By Stock
- RED
- Ann: March 2024 Quarterly Webcast Presentation
Ann: March 2024 Quarterly Webcast Presentation, page-3
-
- There are more pages in this discussion • 8 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
(20min delay)
|
|||||
Last
34.0¢ |
Change
0.020(6.25%) |
Mkt cap ! $2.312B |
Open | High | Low | Value | Volume |
32.0¢ | 34.0¢ | 32.0¢ | $18.95M | 56.93M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 1015223 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 0.335 |
11 | 450184 | 0.330 |
9 | 280485 | 0.325 |
30 | 1111692 | 0.320 |
13 | 709976 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 129604 | 8 |
0.345 | 490057 | 8 |
0.350 | 275487 | 7 |
0.355 | 532679 | 12 |
0.360 | 1014506 | 17 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online