RED 1.19% 42.5¢ red 5 limited

casimir initiating coverage on red, page-9

  1. 5,298 Posts.
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    my belief is that you can make good profits on other stocks but you could also make good losses. This company appears to me to have limited downside over 6 months, so while I might have to wait for a profit, I'm fairly sure I won't make a loss. ive been jumping in and out of stocks before and for every profit like you suggest on MYG, therel be a loss somewhere else. Re the valuations, it's a bit like a survey result, if you look long enough and far enough you'll find one with a figure you like. if you want 37. c per share I believe there is a reccomendation somewhere with that number on it. I did notice that this current valuation is based on a pog of $950 ish per oz?? The point is that one company after another is either buying or recommending RED. With all this interest and bot trading something must happen eventually, otherwise why would they bother. meanwhile I'm happy with limited downside.
 
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Last
42.5¢
Change
0.005(1.19%)
Mkt cap ! $2.891B
Open High Low Value Volume
43.5¢ 43.5¢ 41.5¢ $11.42M 26.92M

Buyers (Bids)

No. Vol. Price($)
11 222136 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 1437793 11
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
RED (ASX) Chart
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