I do not think the share price will be all that adversely affected by the consolidation as there has been no indiciation, and I do not believe there is reason to believe that there will be based on the balance sheet and recent comments regarding the possibility of a dividend, of a capital raising and as the share price already corrected once the annoucement of the proposed resolution was made.
I am even considering picking up another parcel of RED at these levels.
I do not think the share price will be all that adversely...
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Last
33.0¢ |
Change
0.005(1.54%) |
Mkt cap ! $2.244B | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.5¢ | $5.788M | 17.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2715126 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 423776 | 8 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |