I would like to know who bought the other 445,000,000 Red5 shares? As when you look at the buying of Red5 shares from 30/08/2023-14/09/2023 and you leave say 10,000,000 shares for normal daily shares traded I get approx another 210,000,000 shares purchased up and above normal trading in Red 5 shares during this time. Then add the other 205,000,000 shares bought on the 15/09/2023 you get a total of approx 405,000,000 also taking off 10,000,000 on the 15th for normal trading in Red 5. Take out the approx SLR 11% purchase of Red5 shares announcement rounded up 390,000,000 = 15,000,000 left over + the 440,000,000 shares purchased on Monday the 18/09/ 2023 leaves me approx 445,000,000 unaccounted for? Who is the owner? Surely this super large amount still unaccounted for is way above 5% of the market cap and needs to be disclosed to the ASX.
SLR could have bought the other parcel and maybe has a broker is doing a further ring around to the larger share holders who would like to sell at X cents before they announce a take over of all of Red 5 shares?
They or any other major Gold company would be picking Red 5 up for a 50% discount in todays market and we all know including all the majors where the price of Gold in headed in the next 3-5 years.
The only explanation I see is SLR or some other Gold company has bought the other Red 5 shares 445,000,000 in a number of different company names to fly under the radar.
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $2.550B |
Open | High | Low | Value | Volume |
37.0¢ | 38.0¢ | 37.0¢ | $5.609M | 14.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 311637 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 1805403 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13322 | 0.375 |
9 | 348492 | 0.370 |
33 | 860113 | 0.365 |
23 | 824605 | 0.360 |
25 | 375766 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 750000 | 2 |
0.385 | 590715 | 11 |
0.390 | 2815312 | 11 |
0.395 | 982544 | 13 |
0.400 | 1369333 | 19 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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