RED 1.72% 28.5¢ red 5 limited

Ann: Quarterly activities report, page-13

  1. 363 Posts.
    lightbulb Created with Sketch. 35
    Problem is that $200M / 2,356,772,740 shares only equals 0.0000848c per share. 0.0000848 / 25c = 0.0034% return.
    Someone who has $100k in RED will get a dividend of $33.92c IF they pay out the entire profit.
    What am I missing here?
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
-0.005(1.72%)
Mkt cap ! $1.955B
Open High Low Value Volume
28.5¢ 29.5¢ 28.0¢ $4.310M 15.00M

Buyers (Bids)

No. Vol. Price($)
35 4507382 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 1569383 46
View Market Depth
Last trade - 11.28am 10/09/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.