RED 1.19% 42.5¢ red 5 limited

Perhaps - for very seller there has to be a buyer. Today's...

  1. 2,344 Posts.
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    Perhaps - for very seller there has to be a buyer. Today's dramatic increase was more than X4 previous significant volume and was equivalent to 4.3% the market cap. Such volume is surely institutional.
    Strange day - opened 35c and by 10:10 began trading a 36c and till 15:40 remained at 36c mostly with the occasional burst of 36.5c by some enthusiast, but at 15:40 started trading at 35.5c and was down to 34.5 by the close. A massive volume went through at 16:10 @ 34c ..... I can handle that sort of volatility for RED every day - volume precedes price and then confirms it .... at the close the POG was US$1854 / A$2667, so still in a bull market, and this babes SP will probably head north after some congestion and consolidation.
    Perhaps an update of significant share holder interest may shed some light.
    Perhaps its to do with the GDXJ ? Whatever, this vessel has left harbour and is beyond the reefs into open water .... may still hit a submerged object, but is not in any danger of foundering.
 
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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¢ $9.117M 21.48M

Buyers (Bids)

No. Vol. Price($)
83 1299448 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 2832953 54
View Market Depth
Last trade - 15.26pm 12/07/2024 (20 minute delay) ?
RED (ASX) Chart
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