why this is a HUGE buy, page-23

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troyus

10,762 Posts.

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09/04/15

19:17

Post #: 15060339
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Originally posted by 1ForDaMoney ↑

I am with you troy high risk high reward, therefore a low weighting for portfolio in my gold asset class. I too have been around this stock for ten years too Colin and if you looked at what happened before red actually restarted the project there was massive risk and also massive upside. The upside is still there if it can be realised, will it who's knows. There have been dozens of companies in much worse situations than red. I think the fact that they got the money to restart means they put a compelling case to the money men. To single out red as not informing the market enough is a little harsh , they said it would be six months to fully ramp up and give guidance moving forward so apart from quartelys I don't expect to much till June. KCN and RRL have had some monumental boo boos in the last year or so and not much news in between. For mine, the plant is there, the gold is there and happy to take a punt. By Christmas we will know whether the down rampers have inside info or looking to get a cheap entry point. In between algo trading of larger stocks and the rumour mill of the small caps the Stockmarket as a whole is a load of rubbish. RED,s story will become clear soon. You can take bank interest or buy a ticket and take the ASX roller coaster on it your choice and your choice alone. DYOR.

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Nailed it!
T

RED Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 38.0¢		Change -0.015(3.80%)		Mkt cap ! $2.584B

Open	High	Low	Value	Volume
39.0¢	39.8¢	37.5¢	$4.321M	11.27M

Buyers (Bids)

No.	Vol.	Price($)
43	1313304	38.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.5¢	1111057	39

View Market Depth

No.	Vol.	Price($)
42	1314769	0.380
47	1799140	0.375
38	1550175	0.370
28	1299884	0.365
29	1155009	0.360

Price($)	Vol.	No.
0.385	1053341	33
0.390	1259045	21
0.395	900579	15
0.400	866862	17
0.405	387575	5

Last trade - 11.39am 26/07/2024 (20 minute delay)

RED (ASX) Chart

why this is a HUGE buy, page-23

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nine's staff strike as Paris Olympic coverage begins

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Featured News

Buyers (Bids)

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Featured News

why this is a HUGE buy, page-23

Top Stories

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Nine's staff strike as Paris Olympic coverage begins

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News