RED just got slammed down - the sort of trading that I was referring to earlier on.
I see that the POSITIVE in that trade - my rationale goes as follows:
1. IF it is a corporate trader seeking to control the share price of RED during this highly critical time for pricing of the equity component of the Siana Finance Package, then he is controlling the price very well at the moment.
2. This should enable those who want to finalise things get the opportunity to do so unhindered by the threat of a wildly raging RED share price - which may have been hampering plans to finalise and agree the arrangements (esp yesterday).
Now that we have calmer conditions, please get on with agreeing the deal, and put out an announcement to that effect.
Once that announcement has been made then perhaps we will be allowed to re-establish that wild raging share price that we all enjoyed so much yesterday. And then RED can also get on with the things necessary to advance development activities etc.
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Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $2.074B |
Open | High | Low | Value | Volume |
29.0¢ | 31.5¢ | 29.0¢ | $6.131M | 20.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1710117 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 290135 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 180869 | 0.345 |
1 | 30000 | 0.335 |
3 | 153000 | 0.330 |
1 | 50000 | 0.325 |
5 | 153908 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 862 | 1 |
0.300 | 30490 | 2 |
0.305 | 12218 | 1 |
0.310 | 243510 | 5 |
0.315 | 330286 | 6 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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RED (ASX) Chart |