RED 3.17% 30.5¢ red 5 limited

financing and siana mine build update, page-6

  1. 5,352 Posts.
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    Rick this one is not going to move until there is enough buyer interest that the major holders are unable to cap it any more. As things stand at the moment even though it appears to be getting dumped, we are still seeing notices from Matthews capital and baker Steele amongst others who have very recently increased their holdings further with on market purchases .ie they didn't get any freebies in the cr but still are game to buy more. They would not be buying to these levels if they didn't expect at least 30-40 cents in the near future. As I have said before one of Matthews capital funds, I believe the velocity fund, has returned an average above 40% each year since inception, so I assume they know what they're doing, and after all the cr debacle, and all of the grizzling about management recently, they still bought mire recently. That's the reason I'm still holding, hope it gives you a bit of comfort too. nervous times.
 
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Last
30.5¢
Change
-0.010(3.17%)
Mkt cap ! $2.074B
Open High Low Value Volume
30.5¢ 31.8¢ 30.0¢ $14.01M 45.47M

Buyers (Bids)

No. Vol. Price($)
57 1709024 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 333334 2
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Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
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