RED 1.11% 44.5¢ red 5 limited

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

  1. 1,587 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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Mkt cap ! $1.541B
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44.5¢ 45.0¢ 43.0¢ $10.42M 23.50M

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No. Vol. Price($)
13 923494 44.0¢
 

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Price($) Vol. No.
45.0¢ 695828 6
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
RED (ASX) Chart
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