Clearly the big boys are keeping a lid on the price. Seeing it as a good time to buy at these low prices.
management have said many times in announcement recently the ASIC range of $1750-$1950 is within the range. So anything above $1950 will be the MD immediate sacking with immediate affect or loose all credibility from all investors.
I personally believe the CFO should be sacked. How on earth do you have another credit raise within 3 months of the previous one and why didn’t they do it when the share price was 28 cents a few weeks ago? Clearly In my opinion their is some insider trading going on between friends of the management.
Ann: Red 5 launches capital raising, page-41
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.0¢ |
Change
-0.010(2.04%) |
Mkt cap ! $1.662B | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 47.5¢ | $4.099M | 8.480M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 569210 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 359358 | 8 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
47.8¢ |
Change
-0.010 ( 1.91 %) |
||||
| Open | High | Low | Volume | ||
| 49.0¢ | 49.3¢ | 47.5¢ | 2704145 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| RED (ASX) Chart |