RED 2.70% 36.0¢ red 5 limited

Agreed,the rain can only be used as an excuse for so long. I...

  1. 97 Posts.
    Agreed,the rain can only be used as an excuse for so long. I suppose announcements coming up to maiden oz need to be extremely positive to charm SP, especially in this market. Maybe they're "keeping there powder dry" so to speak. I for one would appreciate an update but I can hang on IF I see payoff down the track. A solid time-frame would (I think) be positive for the SP and probably provide some downside protection.
    My main concern is that the USD POG has a douldrum period during Northern Summer which is coming up to the first pour. If the POG hits it's all-time high again and then drops back, the mainstream is going to be calling this double-top a bursting of the gold "bubble" and gold stocks will be left out of favour for a while - excellent buying opp I know (I'm sure Spott etc will be loading up) but where does that leave the lowly smallfry like me? I've nearly held for 12 months so my dreams of a 50% tax free gain would be dashed! Come on RED SHOW ME THE MONEEEEEEY
 
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Last
36.0¢
Change
-0.010(2.70%)
Mkt cap ! $2.448B
Open High Low Value Volume
37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

Buyers (Bids)

No. Vol. Price($)
18 1862724 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 2312588 9
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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