Cosmos; you are a new investor; looking for a quick return as every investor tries for.
We were new investors too; the Philippine government (MGB) granted RED / Greenstone permits to mine so they believed in the integrity of RED / greenstone as well.
After the disasters in April 2013 RED / greenstone tried to pass them off as "innocent mistakes" they did not expect shareholders to rally and ask in-depth questions. RED thought they could do what they wanted; they were supposed to work with the MGB in regards to their mine plan.
People / companies in foreign countries cannot dictate to local authorities.
The Philippine authorities must wandering why these RED / Greenstone senior management people who have likely lost all credibility are still in their positions. Major investors must be wandering as well because as time goes by the likely hood of a return is diminishing day by day.
red went too far
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Last
40.5¢ |
Change
-0.010(2.41%) |
Mkt cap ! $2.755B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.3¢ | 39.5¢ | $5.806M | 14.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 732397 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 927828 | 9 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |