Just a quick overview by one of HC favourite sons - note the dramatic inclusion / exclusion from indices effect on "overvaluation" aided and abetted by "trend following" which leads to eventual dramatic "turning points" where punters get smashed (again) and "smart money" make out like bandits utilising sensible entry / exit points .... RMS is a poster child currently .... and don't get me started on how overvalued GMD is.
RED is yet to be "overvalued" as it hasn't rerated nor had a major advance in various indices but as long as CMM has a MC more than double RED, there's hope.
https://youtu.be/AQam2Bf309w?si=J6eLVU7AVO-a4Gik
Ann: Red5 FY23 Financial Results Presentation, page-53
-
- There are more pages in this discussion • 9 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
34.3¢ |
Change
-0.003(0.72%) |
Mkt cap ! $2.346B | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.0¢ | $3.703M | 10.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 85 | 1601807 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 921425 | 50 |
View Market Depth
| Last trade - 14.37pm 27/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |