RED 1.45% 35.0¢ red 5 limited

Ann: Red 5 and Silver Lake Resources to Merge, page-280

  1. 2,368 Posts.
    lightbulb Created with Sketch. 1333
    Imagine SLR shareholders approve the merger, then it's a done deal - how soon will the market react and rerate Big RED ?
    Imagine if instead of paying down further debt, it was simply rolled into a "credit facility" (not a big ask for a A$2.5bn MC company)
    Imagine if the new MD and BOD confirm that they're intent on further strategic M&A using their enormous cash reserves and credit worthiness ??
    Imagine if Big RED then makes an offer for GMD with a mix of shares and cash ??
    Imagine the incredible, once in a lifetime, Leonora consolidation to create a new A$5+bn tier 1 gold mining company ??
    Imagine if very Big RED then announces its intention to start paying dividends within 2 years ??
    https://hotcopper.com.au/data/attachments/5976/5976099-8e436e74745d5d0be7063ca92d368609.jpg
    https://hotcopper.com.au/data/attachments/5976/5976123-94b9571b4cdc2ff38358bb242e67bcd1.jpg

 
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