RED 2.38% 41.0¢ red 5 limited

$40 cents club, page-963

  1. 530 Posts.
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    My 2 cents worth, is Luke or the board of SLR has got Red 5 included into the ASX200 so they can sell there 11% of Red 5 shares to cash up and what best way is to sell out at an average of 36 cents with a 10 cent per share profit. That will leave a cash pot after the merge with Red 5 close to $400,000,000 bank balance. i would say the insto’s are working hard in the background selling SLR red 5 shares at an average 36 cents before the re-rate in Red 5 shares after the merge with SLR.
 
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42.0¢ 42.0¢ 40.5¢ $11.39M 27.67M

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No. Vol. Price($)
2 88526 41.0¢
 

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Price($) Vol. No.
41.5¢ 1001030 9
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