RED 2.41% 40.5¢ red 5 limited

speculative buy, page-17

  1. 4,616 Posts.
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    Rabbit i have no 100% proof of anything, and i have no intention or plan to mislead anyone. If you read my opening comments to this thread i say that apparently management have improved the relationship with the govt department, and that was indicated to me by someone close to the company. Clearly an improvement in this relationship will help the cause to getting the CDO lifted.
    You can speculate beyond that if you wish - the share price movement inthe past few days appears to be related to bigger players, with Bot trading, with in aggregate volumes far beyond the smaller investor/trader. Again i have no 100% proof of that, in fact i have no proof of who is buying or selling.
    IF the trading is happening now because others have also become aware that those ties with the dept have improved then thats the smoke.
    You can make up your own view Rabbit, and anyone else similarly.
    I also make the declaration that i hold shares from a long time ago, but i haven't bought nor sold any shares since i was told about the improving relationship.
    The final proof all us holders require is the removal of the CDO.
 
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Last
40.5¢
Change
-0.010(2.41%)
Mkt cap ! $2.755B
Open High Low Value Volume
40.0¢ 41.3¢ 39.5¢ $5.806M 14.34M

Buyers (Bids)

No. Vol. Price($)
4 732397 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 927828 9
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
RED (ASX) Chart
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