RED 0.00% 34.5¢ red 5 limited

fyi: article, page-20

  1. 11,125 Posts.
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    garrye

    MCO has been in suspension since mid June 2012, so this can go on a long time. They also have a funding issue, so the suspension has "saved" shareholders from facing market forces, which would be OK if you do not want to sell and believe thinks will get better. I was lucky enough to get out of them (more by accident) in April/May 2011.

    I am now fairly relaxed about my RED loss because I have written the company off as a complete failure, so any return will be a plus.

    loki (smile - money grows on trees and is ready for the picking.)
 
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Currently unlisted public company.

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