This is a solid stock. If Redback proves to be a dud it could throw up a great buying opportunity. They are cashed up and could look to consolidate their position in the Perth Basin via another purchase if the opportunity presents itself. Another oil discovery would be nice, that would get the SP moving toward $1.50. A Dividend would be good too but I don't think its an option atm. Hold quite a few of these now.
article 2/3/04, page-4
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 15.0¢ | $74.91K | 499.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 5150644 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2029744 | 24 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |