RED News: Even though Red 5 (ASX:RED) has lost AU$130m market cap in last 7 days, shareholders are still up 86 - 13th Jun 2022, 1:22pm

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It's been a soft week for Red 5 Limited (ASX:RED) shares, which are down 14%. But that doesn't change the fact that the returns over the last half decade have been spectacular. To be precise, the stock price is 844% higher than it was five years ago, a wonderful performance by any measure. So we don't think the recent decline in the share price means its story is a sad one. But the real question is whether the business fundamentals can improve over the long term. We love happy stories like this ...

>>> Read more: Even though Red 5 (ASX:RED) has lost AU$130m market cap in last 7 days, shareholders are still up 869% over 5 years
 
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