TO THE BRETHREN:
The last few trading days RED has been the subject of an interesting strategy: every time it tries to move up, someone pushes it back down to around 7 cents.
The only explanation i can offer for this is maybe someone wants to buy more at these discounted prices, by trying to rustle out some frustrated shareholders to sell at these lower prices. My view is that they are pushing the proverbial up the hill! - RED is way undervalued at around 7 cents, thus less and less shares are being made available at this level for them to buy.
IF you want to make this strategy fail and make buyers pay more then keep the faith (knowing that RED is WAY UNDERVALUED at this level) and don't trade out your shares at these levels - remember its not a matter of IF but WHEN RED IS going up........
Make it go up sooner by not letting go of your shares at these levels. I am not a holder now, f the missus, i am a BUYER now!!!
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.524B |
Open | High | Low | Value | Volume |
45.0¢ | 45.3¢ | 43.3¢ | $8.001M | 18.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 77038 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 348330 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 628936 | 0.430 |
6 | 292173 | 0.425 |
10 | 741451 | 0.420 |
3 | 198882 | 0.415 |
11 | 356188 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 348330 | 3 |
0.445 | 804056 | 9 |
0.450 | 442301 | 10 |
0.455 | 516774 | 7 |
0.460 | 510000 | 14 |
Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
  |
Change
0.000 ( 0.45 %) |
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Open | High | Low | Volume | ||
44.5¢ | 45.0¢ | 43.3¢ | 5678926 | ||
Last updated 16.08pm 29/05/2024 ? |
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RED (ASX) Chart |