NAV 17c at the POG 950, it will increase by 0.037c for every $100 increase in POG. so at the POG 1350, sp increase by 14.8c which make it 31.8c.
their target is 27c.
that is my undertanding of it.
I been buying MYG too. avg 12c. further good ann today. should see more upside with MYG too.
casimir initiating coverage on red, page-10
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1862724 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 2312588 | 9 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |