RED 2.70% 36.0¢ red 5 limited

As a long term follower and former holder of this stock I can on...

  1. 561 Posts.
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    As a long term follower and former holder of this stock I can on only say that I'm beginning to think that these guys are snake oil salesman.
    Cash/loan facilities are minimal and will disappear in a heartbeat with some unforeseen problem. ( or some problem on the horizon that we have not been told about which is more to the point - Transparency is a real issue here )
    History is littered with gold companies that have failed to deliver and leaving the directors much richer and the punters a lot poorer.
    Management have consistently over promised and under delivered. There may potentially be a pot of gold at the end of this rainbow but those that continue to be true believers and who reap a reward at the end will have done through through pure luck not clever investing.
    There is simply not enough hard information available backed by consistent results based on management forecasts to make a investment decision
 
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Last
36.0¢
Change
-0.010(2.70%)
Mkt cap ! $2.448B
Open High Low Value Volume
37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

Buyers (Bids)

No. Vol. Price($)
18 1862724 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 2312588 9
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RED (ASX) Chart
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