Just a few more junk numbers then I will call it a night.
Old Numbers here from EOFY 2023:
Net assets:
SLR $711,541 million
RED 5 $330,071 million
Total combined net assets as at 30 June 2023 = $1,041,612
Total shares outstanding now 6,802,473,382 (Painful isn't it).
Resulting book value : $1,041,612 / 6,802,473,382
Simplified to smaller numbers: $1.04 / 6.80
Combined Companies at $0.15c Book Value Per Share as at 30/06/2023.
If trading at industry average of 2.5:1 = $0.375c
Hmmmm is there some rhyme and or reason here.
I think this is what the Market is seeing and not reading any further into it at the moment.
I believe the new 2024 Balance sheet will show improvement with RED 5 debt having been paid down and paid off.
Good gold sales at good prices by red 5 and SLR since 30 June 2023 should also boost balance sheet.
Aiming for a Book Value Range of $0.18 to $0.22c.
Good Night all
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34.5¢ |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 321969 | 34.0¢ |
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Price($) | Vol. | No. |
---|---|---|
34.5¢ | 272620 | 5 |
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4 | 174705 | 0.340 |
7 | 497896 | 0.335 |
10 | 426161 | 0.330 |
6 | 340318 | 0.325 |
17 | 863757 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 5167 | 2 |
0.350 | 1449642 | 41 |
0.355 | 627268 | 7 |
0.360 | 412117 | 13 |
0.365 | 964321 | 12 |
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