RED 2.99% 34.5¢ red 5 limited

Is this a case of The Emperors new clothes?Approx 3 times more...

  1. 67 Posts.
    Is this a case of The Emperors new clothes?

    Approx 3 times more sellers than buyers for this stock.

    $1 level already breached this afternoon.

    Less than 8k ounces of gold poured last two quarters. Not much is expected in the next two quarters remaining for this year as per todays ANN.

    Sprott facility is fully drawn down.

    Additional share placement & potential cash flow troubles looks imminent

    Lot of promises and no delivery for several years in a row....

    Where is the gold????


    IMHO this seems to be a case of the Emperors new clothes !!

    DYOR
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
34.5¢
Change
0.010(2.99%)
Mkt cap ! $2.346B
Open High Low Value Volume
34.0¢ 35.5¢ 33.5¢ $13.13M 37.89M

Buyers (Bids)

No. Vol. Price($)
27 1581988 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 605979 8
View Market Depth
Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.