I really like the look of the presentation... Only problem is that market conditions for borrowing arent exactly the best right now.
However we can assume that once they do get financing for the project we will see an immediate revaluation of the company into the 20-25cent a share range.
50cents+ once production kicks in is a pretty reasonable estimate too. So if your in for the long-term like me, we can expect some really nice returns for our patience.
Just wishing i had averaged down then the SP was around 8 cents!
siana presentation and red sp, page-4
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.8¢ |
Change
0.023(7.38%) |
Mkt cap ! $2.210B | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 31.5¢ | $7.354M | 22.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 3896806 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 2739712 | 85 |
View Market Depth
| Last trade - 14.08pm 13/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |