RED 2.41% 40.5¢ red 5 limited

speculative buy, page-6

  1. 4,616 Posts.
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    Cosmos, I like your optimism (and humour!), and I agree that CDO removal could push it into the teens, not sure whether high teens or lower.

    Once in production, subject to RED finally meeting budget then it could go much higher but simply not possible to get to $1 now with the number of shares on issue. If it got half way there I'd be more than happy though.

    Seems like the buy side now has gone quiet, presumably no one wants to get dumped on.
 
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