New shareholder as of today.
Couldn't resist buying both Cos at around their bottom today.
A MID TIER GOLDY WITH HUGE UPSIDE & POTENTIAL!
Was currently holding SLR, and really happy with the synergy both Cos bring to the table.
Red's gold production, costs and regional base, work well with SLR's big cash hoard, gold production and possibility of expansion.
The gold production of the new Co and positive cash flow will be a boon!
Potential expansion around Red's tenements, hopefully Sugarzone can get going for SLR, and down the track Consolidation (just too big SOI) & divis.
Ann: Red 5 and Silver Lake Resources to Merge, page-39
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Last
32.0¢ |
Change
-0.045(12.3%) |
Mkt cap ! $2.176B | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 31.5¢ | $21.62M | 65.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 674965 | 9 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |