Eh Brett, RED is going through a transition, from explorer through to gold producer, and it takes more than a couple of weeks or months to complete that process.
I'm certain on the ground there is a hive of activity, not just with the drilling at Mapawa, but also with some of the development works in process.
Whatever the price today really isn't relevant to the future potential that RED has, apart from if you want to stock up with more wealth creating shares today! (As I have stated very clearly, the only reason I'm holding out buying even more RED at the moment is to see how gold goes the next little while and to see if I can get them at a bargain price - but in preparation I have sold a lot of other speccy stocks waiting for that opportunity, so my only delay is to see what price I can get them at - and to make sure the missus doesn't get an idea of what I'm up too!).
(I think you need to retain that positive view and consider the glass half full, not half empty! - and whilst what price RED closes at today is neither here nor there, I can't see it going down to 11 cents today, but I don't have a problem with that because it makes my longer term investing view more exciting!).
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Last
30.8¢ |
Change
0.018(6.03%) |
Mkt cap ! $2.074B |
Open | High | Low | Value | Volume |
29.0¢ | 30.8¢ | 29.0¢ | $3.986M | 13.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 644255 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 1165884 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
91 | 2127403 | 0.300 |
26 | 1069450 | 0.295 |
27 | 1205751 | 0.290 |
34 | 1802340 | 0.285 |
35 | 1363543 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 816359 | 53 |
0.310 | 974157 | 31 |
0.315 | 677962 | 12 |
0.320 | 905045 | 19 |
0.325 | 552284 | 14 |
Last trade - 15.15pm 12/09/2024 (20 minute delay) ? |
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