RED 2.25% 45.5¢ red 5 limited

Broke the 200 Day Moving Average and Smorgon Loading!, page-32

  1. 416 Posts.
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    I think that the large drops in these large and mid cap producers can be explained, at least in part by very large investors being forced to invest their millions in this area. Using algorithmic and high frequency trading they have managed to introduce a measure of confusion and uncertainty into the trading of these stocks, which has allowed them to accumulate large numbers of shares without driving the price up, and in fact to actually push the share prices down substantially. A miner such as Northern Star would probably be surprisingly easy to manipulate in such a fashion, as it has had a large price rise over the years and was ripe for the plucking, so to speak. Just another conspiracy nut you might say, to which I might say maybe. I still retain most of my share holding in NST and RED, which I expect to be outstanding performers. Good Luck to all gold investors, except for the manipulators, that is.
 
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Last
45.5¢
Change
0.010(2.25%)
Mkt cap ! $1.576B
Open High Low Value Volume
45.0¢ 47.3¢ 44.5¢ $14.51M 31.60M

Buyers (Bids)

No. Vol. Price($)
21 1407361 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.5¢ 645686 6
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
45.5¢
  Change
0.010 ( 2.94 %)
Open High Low Volume
44.8¢ 47.3¢ 44.8¢ 7207498
Last updated 15.59pm 17/06/2024 ?
RED (ASX) Chart
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