RED 1.14% 44.5¢ red 5 limited

Today, SLR was down 20% after a very negative response to their...

  1. 2,309 Posts.
    lightbulb Created with Sketch. 1280
    Today, SLR was down 20% after a very negative response to their quarterly - as happened recently to NST.
    Falling short of market expectations is going to be punished in a growing market disenchantment with gold despite the POG remaining elevated ...
    I expect Col will castigate SLR and NST BoD and management ??
    The company that seems to be defying gravity and whose projections are "optimistic" is GMD ... IMHO.
    Will Diggers and Dealers (7-9 August) sentiment reflect this change in market gold sentiment ... will the Diggers deal .... creative destruction dead ahead?
    CMM FY'24 guidance is for 115-125K oz @ AISC A$1250-1350 with a head grade of 0.9g .... for a MC of A$1673m ... compared to RED's A$625m.

    https://hotcopper.com.au/data/attachments/5471/5471080-c6af36020861c3561fb64829dfb2db3d.jpghttps://hotcopper.com.au/data/attachments/5471/5471084-18577de99771de9784c19bc5f54bc459.jpg

 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
44.5¢
Change
0.005(1.14%)
Mkt cap ! $1.541B
Open High Low Value Volume
44.0¢ 44.5¢ 43.0¢ $7.563M 17.14M

Buyers (Bids)

No. Vol. Price($)
9 388167 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 720009 7
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
44.0¢
  Change
0.005 ( 0.16 %)
Open High Low Volume
43.8¢ 44.5¢ 43.0¢ 8029811
Last updated 15.59pm 14/06/2024 ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.