Depends on your perspective Tara.
Short term, GMD could easily offer a higher 'price' than SLR.
Though I agree, SLR assets are undervalued... but so is RED, I actually think more so than SLR.
Just happy to see a bidding war.
Looks like WGX has started things off with more consolidation in the sector. Soon to be a 400k p.a producer... SLR/RED would have a similar sort of number.... perhaps 400k is the new 300k p.a (old SAR target).
$40 cents club, page-1129
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Last
32.5¢ |
Change
-0.005(1.52%) |
Mkt cap ! $2.210B | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 32.5¢ | $43.81M | 134.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 12795580 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 1029597 | 2 |
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| Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |