RED 8.20% 33.0¢ red 5 limited

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

  1. 2,412 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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(20min delay)
Last
33.0¢
Change
0.025(8.20%)
Mkt cap ! $2.244B
Open High Low Value Volume
32.0¢ 33.5¢ 31.5¢ $12.73M 39.16M

Buyers (Bids)

No. Vol. Price($)
16 1931022 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 748069 3
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
RED (ASX) Chart
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