just this week, commentators on the daily live stream business channels were maintaining their 40cents - 42cents price targets as production ramp up and sales occur, they mentioned an expectation of RED turning profitable during FY23
and here's the shorters actions since the USD price of glod started edging down and into the tax loss selling season, but like I posted above AUD price of gold has maintained its slight edging up trend due to the dropping exchange rate AUDUSD
the blue line on the chart is also reporting a total of 35.6M shorted shares as at the 1st of July, sure it is a low % of total shares on issue but it is still over 35 million shorts that need to be covered, and there has barely been 35 million volume traded since the 1st of July !! and I doubt it to be all short ocvering
just this week, commentators on the daily live stream business...
-
- There are more pages in this discussion • 40 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
33.0¢ |
Change
0.025(8.20%) |
Mkt cap ! $2.244B | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $12.73M | 39.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1931022 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 748069 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |