Ann: Ceasing to be a substantial holder , page-5

ML giving stock back is hugely positive. The only reason their prime account would have had the stock was to lend out for funds to short into the consolidation.

Guess what - no one wanted to short into it so the stock has been returned to beneficial owners....

Remember the golden rule of consolidations : Only do it on good news. RED has good news :

1/ First pour
2/ Resource upgrade
3/ Dividend coming from residual cash