Seems like the only reliable way to make money on red is by shorting. It is almost the perfect vehicle for management as investors have paid what must be in excess of 2-300 million for a gold mine that will at best produce 6-7 million a quarter, thus not really benefiting investors but continuung to pay the directors fees for a few years to come. Watch the costs soar if they ever try to take mining underground-this was supposed to be the easy part.
management performance, page-45
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Last
37.0¢ |
Change
0.010(2.78%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 38.0¢ | 35.8¢ | $10.35M | 27.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1089836 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 955628 | 8 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |