RED 0.00% 37.0¢ red 5 limited

Ann: Red 5 2016 Annual Report-RED.AX, page-6

  1. 752 Posts.
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    Hey guys,

    Have you given thought to the chances of a shareholding consolidation? I see as possible in a likelihood scale.
    They're also pouring money in to so many other things too: exploration, underground development, environmental solutions; which appears to be taking the bulk of the profits away (at least in the short term). Will it bring long term gain?

    I think this company has a little way to go yet before new shareholders would actively invest in it.

    ...that said at 10c per share, the company is now making good cash so couldn't hurt to buy a coupe of share lol.
 
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