RED 2.78% 37.0¢ red 5 limited

I would have read much more closely if I still held, but the...

  1. 1,886 Posts.
    lightbulb Created with Sketch. 2456
    I would have read much more closely if I still held, but the AISC looks even higher and the production is again lower than expected. The problem for me was that low production and high AISC appear to be becoming a feature of every announcement. I was happy to cop it for one quarter, but when the same problems extended into the second quarter it made me wonder how this was being managed. Things happen, but things should get fixed. I like companies to meet and/or exceed expectations. You can accept if they don't because of extenuating circumstances as long as these are acknowledged and addressed. Just not seeing that happen here. I keep watching because I think the resource has real potential and I would jump back in, but that decision will be based on performance.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
0.010(2.78%)
Mkt cap ! $2.516B
Open High Low Value Volume
36.0¢ 38.0¢ 35.8¢ $10.35M 27.93M

Buyers (Bids)

No. Vol. Price($)
10 1089836 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 955628 8
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.