Brettdale, its always disappointing when your investment doesn't go up continuously in a straight line - as long as you win the war then the odd battle lost along the way has to be accepted as part of the course!
As I say above, when the time is right, and the cycle turns with the market moving up, then RED will NOT be left behind! Today is one day when the punters have watched on mostly on the sidelines, with the bigger stocks showing some positive action. RED will be considered in that group soon enough IMO.
I have watched quite a few other smaller stocks that I'm into today, and most have performed quite badly, actually gone nowhere! I don't consider RED in that band of specs any more, even if the market doesn't fully appreciate it yet.
IMO you don't make money following the herd, you make money by doing your homework, get set in stocks that have been overlooked for whatever reason and getting a position early.
Then when the momentum swings you are already there without a need to buy at any price. I don't believe in chasing a price, better to wait for the right opportunities earlier on! I still think RED is sitting close to, if not at, the bottom of its price range now.
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Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $2.074B |
Open | High | Low | Value | Volume |
29.0¢ | 31.5¢ | 29.0¢ | $6.131M | 20.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1710117 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 290135 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 1710117 | 0.300 |
11 | 1296860 | 0.295 |
15 | 722402 | 0.290 |
30 | 1292788 | 0.285 |
31 | 1212793 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 290135 | 11 |
0.315 | 805152 | 11 |
0.320 | 1058714 | 15 |
0.325 | 522609 | 11 |
0.330 | 885886 | 13 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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RED (ASX) Chart |