RED 0.00% 36.0¢ red 5 limited

Can anyone clarify what this chart says? I confess I have no...

  1. 1,704 Posts.
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    Can anyone clarify what this chart says? I confess I have no idea.
    Seems to me that we are "paying" over $1B to get our hands on $342 in cash and some short life mines (not my opinion, just quoting what I have gleaned).
    I would be much obliged to anyone who could clarify what these mines are worth to us and why?
 
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35.5¢ 36.0¢ 34.5¢ $7.913M 22.50M

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Last trade - 14.30pm 27/08/2024 (20 minute delay) ?
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