RED 6.25% 34.0¢ red 5 limited

last kiss goodbye to the eighties?

  1. 3,827 Posts.
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    Touched 89.5c today. Was this a last kiss goodbye to the lows and gap filled before RED finally starts ascending to back over $2? I suspect so...

    Market starting to get a "risk on" feel to it that has been bypassing small goldies. RED has so far been a mess of bad luck, bad management and poor communications.

    But RED has such low operating costs $350-$400 cash / $650-$700 total, it is going to be a a cash cow and relatively insensitive to any pog wobbles. Perfect risk on asset!

 
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32.0¢ 34.0¢ 32.0¢ $18.95M 56.93M

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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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