Recent content by Wa11y

Yeah, a real lot, $500k between 3.50 and 4.00. Interesting to see what happens first thing tomorrow morning.

Good post, as the one above it (Barney's post). And mostly, the tech talk is about basic economic principles - I learnt about supply & demand in high school.

Ah ok, thanks.

Yeah I noticed that too. Pretty average.

Is this back to that rubbish about getting shareholders to approve their payrises after the MAMMOTH 6% capital raise? Because that'll really shift the voting pattern to an unfair level where they will be able to approve anything. Seriously.

There's been a lot of mention of RED Management seeking $25m, but only getting $15m. Where does it say this? Apart from this forum of course? Because I can't see it anywhere.

Yeah went long again at $2.10

I went long at 2.30 2 days before C/R halt, mainly for fundamental reasons, happy to ride out some movements. But obviously not overly happy about the C/R, but that happens. Also risk inherently is lower with RED than most specs. They have assets. They own a mine. If production is delayed...

I know this has been responded to already, but someone is foolish and a poor trader because they have gone long on RED and didn't see a CR coming? Is this your premise? Really? Keep in mind there are such thing as guaranteed stops for instances like this.

No, 'open positions'. 92% of those with open positions have LONG positions (feel a bit foolish now?) Obviously this would have been prior to halt but thought it was interesting anyway.

Interesting stat: 92% of IG Markets clients with a CFD position on RED believe it will rise.

Why did a trade go through today? Time Price ($) Volume Value ($) Condition 4:56:36 PM 2.269 10,337 23,453.619 SX XT

I wouldn't have thought I was getting defensive, I appreciate the posts about TA, just not the ones about fundamentals where it's been acknowledged there's no interest (ignorant comments about mine operations, first gold pour etc) - that's where my frustration was.

Nah it definitely isn't full production until June - my understanding it was a lower rate up until then, and a higher cost of production too. But even so, NPV at the reduced rate places RED SP significantly higher than $2.30

Further to this, they still say "4 months to June" - meaning inclusive of March?