RED 0.00% 34.5¢ red 5 limited

Ann: Quarterly activities report, page-12

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  1. 404 Posts.
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    Holding for the longer term play. With a 16yr LOM and looking profitable from June qtr, it's seems only a matter of time before the market catches on.Really nothing in today's announcement that will catch the eyes of day traders.

    I expect longer term value investors will want to wait for confirmation in the June quarterly. So this is a good time for speculative value investors (an oxymoron?) to jump the gun before the market catches on.

    This is looking like a company that will produce 75-100m of profit per year. At a market cap of $550m, if they can actually deliver on the 75-100m/yr profit, it is looking ex eptionally cheap with a 16yr LOM. Naturally, and for good reason, the naysayers will say they don't have a track record of executing the plan. Each to their own I suppose
 
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Currently unlisted public company.

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