Your delayed response to the Goldfield news looks suspiciously like you are wanting to buy at a lower price at a time when the POG is weakening.
Even without any new JORC resources from KOTH, Red looks cheap compared to other gold producers (ref. my post at https://hotcopper.com.au/threads/ann-quarterly-activities-report.4725328/page-3?post_id=38235992).
Good on Goldfields, I never decry anyone who risks their money and gets a reward. Maybe SAR are happy to stay invested while Red continues finding resources. It all comes down to whether they can get a better return from their own developments, or prefer some diversification with their Red position.
Even at today's price I too have a gain of 65% on my earlier position in Red but the company has developed its KOTH tenements considerably since then and so happy to take on more. POG is the wildcard at present but AU dollar value is green.
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Last
32.0¢ |
Change
-0.045(12.3%) |
Mkt cap ! $2.176B |
Open | High | Low | Value | Volume |
34.0¢ | 34.5¢ | 31.5¢ | $21.62M | 65.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 674965 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6631 | 0.335 |
7 | 35100 | 0.330 |
3 | 53417 | 0.325 |
12 | 335490 | 0.320 |
12 | 339500 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 70198 | 1 |
0.280 | 9000 | 1 |
0.300 | 27282 | 1 |
0.310 | 7000 | 1 |
0.315 | 415966 | 4 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
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