RED 8.90% 33.3¢ red 5 limited

slip volume not very material it seems, page-95

  1. 748 Posts.
    lightbulb Created with Sketch. 187
    Interesting piece of information Plough. In my opinion the Red amplified the sell down by calling a trading halt. The market was already nervously watching the restart up. Another contributing factor was PPP had a stop loss triggered by the initial fall. Dr Spok might be able to shed more light on the protocol, but IMO it may have been more prudent to simply release an operations update. While the movement has had some impact on operations, IMO it will not have any material effect on cash flow so the trading halt tag was a cautious overreaction.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
33.3¢
Change
-0.033(8.90%)
Mkt cap ! $2.482B
Open High Low Value Volume
34.0¢ 34.5¢ 32.0¢ $7.108M 21.13M

Buyers (Bids)

No. Vol. Price($)
37 805153 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 429010 31
View Market Depth
Last trade - 10.45am 29/08/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.