RED 5.42% 39.3¢ red 5 limited

I have posted this before,I dont think you will see a great rise...

  1. 6,323 Posts.
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    I have posted this before,I dont think you will see a great rise in sp for at least 3 to 5 yrs reason being at least 60% of this stock is owned by the institutions and most of them are in for the long term,why would they want the sp to rise when they can niggle away like they are doing 1 share here 6 shares there manipulating the share price,any great bounce in the sp is quickly brought down like in the last week,someone is sure to tell me gold is down and there are other factors but this week we have lost a lot more than the dip in gold we have been loseing 3-5% a day,and on a good day when gold goes up we only go up a fraction. Market cap of RED is well down on what it should be.
 
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Last
39.3¢
Change
-0.023(5.42%)
Mkt cap ! $2.755B
Open High Low Value Volume
40.5¢ 41.0¢ 39.0¢ $4.572M 11.39M

Buyers (Bids)

No. Vol. Price($)
71 1730688 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 1407447 44
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Last trade - 12.51pm 25/07/2024 (20 minute delay) ?
RED (ASX) Chart
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