To be an MD of a miner, you need to be teflon coated. Win lose or draw, senior mining executives Win Win Win. While the problems of COVID, inflation, fuel inflation secondary to the Ukraine war etc etc are beyond company control ... still the remuneration package has already granted bonuses for "key milestones" which include everything except the SP. Being a long term investor is inherently an unsound investment strategy. Buy lowish and sell highish remains the only viable policy, especially in stocks that never pay meaning fully sustainable dividends, and can have wild fluctuations secondary to multiple market and company specific factors. There are many tired and emotional RED SH's, and this latest ' flat tire ' will loosen the bonds for many SH.
The September quarterly is going to be disappointing, and everything now depends on the December quarterly - if that disappoints, the bank may move and then .... lets not go there for now.
- Forums
- ASX - By Stock
- Ann: Trading Halt
To be an MD of a miner, you need to be teflon coated. Win lose...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
|
|||||
Last
29.0¢ |
Change
-0.010(3.33%) |
Mkt cap ! $1.972B |
Open | High | Low | Value | Volume |
28.5¢ | 29.0¢ | 28.0¢ | $8.962M | 31.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 459580 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 672610 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 459580 | 0.285 |
51 | 2194114 | 0.280 |
27 | 1561759 | 0.275 |
22 | 868399 | 0.270 |
13 | 762269 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 672610 | 11 |
0.295 | 1011753 | 16 |
0.300 | 534583 | 11 |
0.305 | 556809 | 8 |
0.310 | 277580 | 8 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |