Yes I think RED is a sitting duck for a T/O merger etc ... smart mgmt will turn around operations ... RED has the Plants + Au Reserves ..
Purchased a few today .. 12.7c
I'm Bullish on GOLD going for a run by MID year ... and finally breaking to new high above USD $2070oz levels ..
If RED can get close to target AISC ... $1k+ margins would certainly spark some market interest and in time FAT divi's ..
I think INSTo's looking at the bigger GOLD picture along with T/O upside at these S/P levels ..
Ann: Red 5 equity raising presentation, page-17
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
-0.025(7.35%) |
Mkt cap ! $2.142B | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.0¢ | 30.8¢ | $14.28M | 45.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1674903 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 282750 | 9 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |