red added to all ords index

Wow, now the first recognition of RED being sufficiently sized and sufficiently liquid (with respect to volumes traded) that it has been included within the All Ordinaries Index, with the exclusion of a number of other ASX listed companies.

It might be only a small step in its recognition as a more respectable ASX listed company, but its on its way to that "one step for man, one giant step for mankind' (Lol).

I'm not sure which investment funds MUST invest in it as a consequent re-weighting of the All Ords portfolio (and its only going to be a small position at this stage), but RED will in due course move into the ASX 300, 200, etc categories IMO as it approaches that all important date of first production. Then reference to it being a gold spec explorer will be a forgotten tag!