My expectation is simply that RED is treated at the level announced by the experts (very silent at the moment...!) who saw it at 50 cents - 60 cents after the merger. A price that seemed realistic in view of the cash contribution of SLR, the increase in resources and the price of gold, but the market does not seem to share this opinion !
And for you, what is your target/realistic market cap expectation ?
My expectation is simply that RED is treated at the level...
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.8¢ | 36.8¢ | $13.81M | 36.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2044679 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 571259 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |