Thank you William , finally some common sense.
Red 5 is and has locked in a buyer that is common business practice in any industry , trust me I know and have many years experience covering the overall cost of a running a business with forward sales agreements in place.
it may never be perfect but is assurance.
if your forward production, sales and price are positive I believe you are looking at profit , in business the shoulda coulda approach will always bite you in the butt.
I think today's qrtly is extremely positive and reassuring for the future.
Still waiting on the EOFY post to evaluate book valuation (shareholders equity).
All in all looks positive to me.
Thank you William , finally some common sense.Red 5 is and has...
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $2.040B | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.3¢ | $10.78M | 35.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 262175 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 215007 | 9 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |