What a transformation - a Siana and Darlot solution create a very clean structure that is an ideal candidate for M&A ?
Don't be surprised if RED takes out this years Diggers & Dealers miner of the year. A long overdue rerate is coming and the SP revival is imminent.
Dare I say that the curmudgeons will still not be happy .... now if the gold price firms, we may see that A$1bn market cap by years end ??
The only factor besides the gold price that will limit RED's SP revival is a market crash .... lets hope the Fed doesn't let us down before the RED Phoenix takes flight.
Ann: Diggers & Dealers Mining Forum presentation, page-2
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 34.5¢ | $18.03M | 50.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 588995 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 407514 | 10 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |