Short term it's possible,as P Ms is a red hot sector ATM and traders and short sellers make their living in high volume movement industries. Long term as long as managment keep the gold production on target and the development of KOTH on track,given the rising gold price ,this company is going forward.Having no debt and 120million cash guarantees
smooth operations and lets management concentrate on their expansion plans.
Regardless of short term price movements,because of the potential merger with BGL and I having a good stake in BGL will be grabbing quadruple the amount of RED shares as I have in BGL.
Good luck and DYOR
Short term it's possible,as P Ms is a red hot sector ATM and...
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Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $2.823B | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 40.8¢ | $14.18M | 34.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2564382 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1323340 | 17 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |