For what little its worth, i believe that Sth Cross were trying to say that RED is a little beauty, and by saying .27c was a way of keeping a lid on the expectation just in case its does'nt take off like a rocket (for their integrity or for the risk of looking stupid if its does not reach say .50c).
But .50c is where i see RED by next June.
There is alot of upside in RED but until this is confirmed there is always doubt? And even without the upside it will still do well on Siana alone.
timeline and possible share price numbers, page-3
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Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $2.891B | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 43.5¢ | 41.5¢ | $11.42M | 26.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 222136 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 1437793 | 11 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |