The location of this object is important.
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Originally Posted by Robby
What direction is the object? How close to the horizon is it. Probably a star, perhaps Arctaurus or Regulus.
Cheers
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Regulus is in the prime position but to my eyes appears whitish.
Arctaurus is my first thought but it would be culminating (due North) at this time of night. To my eyes it always seems to flash
red, especially when it is closer to the horizon.