RED 4.35% 36.0¢ red 5 limited

Ann: Strong returns generated from simplified capital structure, page-48

  1. 41 Posts.
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    Well we are getting closer to our question what is our goal , what is our objective.
    1/ I will wait for 2024 financials to evaluate Book Value per share.
    2/ There is some justification in balancing the books re recent sale of 400mil shares.
    3/ it is always going to be the case that new management wishes to clean house and improve productivity.
    4/ We are sitting on a mountain of cash, Bullion, and ore.
    Where I am hoping for clarity is on the point stated we have the share holders interest at heart.
    We can and will increase cash in the bank, but to what purpose I ask.
    Will we see:
    More M&A
    Share consolodation
    Or,oops I am about to say it, Dividends.
    I am hoping for some clarity as to what our direction is after the 2024 financials are in.
    Once again just asking what the underlying objective , goal is considering the amount of cash there is at arms length.



 
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