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.
$40 cents club, page-963
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Last
38.5¢ |
Change
-0.025(6.10%) |
Mkt cap ! $2.618B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 37.5¢ | $19.58M | 51.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1454301 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 769187 | 6 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |