With the announcement of resource upgrade substantially up this week and the full year reports released with a 156% uplift from last financial year. If any M&A is going to happen its going to happen very soon. With the market cap at 50% discount in Red5 and after this week with market announcements/ news articles, I know their are plenty of offshore buyers keen on a long life GOLD mine with plenty of ongoing uplift their is no better time to make an offer/ bid. Especially at 50% discount market cap to its peers and with a brand new processing plant and plenty of extended years of mine life up its sleeve.
Any takeover company wanting to do a DD has everything they need after this week at there finger tips ready to make a move and from what I am hearing its from off shore not locally which most comments/articles are predicting. Watch this space.
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $2.380B |
Open | High | Low | Value | Volume |
35.5¢ | 36.0¢ | 34.8¢ | $7.381M | 20.99M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 500592 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 479161 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 500592 | 0.350 |
19 | 996212 | 0.345 |
34 | 2718150 | 0.340 |
36 | 1567563 | 0.335 |
40 | 2815482 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 479161 | 12 |
0.360 | 1177696 | 20 |
0.365 | 1278164 | 17 |
0.370 | 990457 | 11 |
0.375 | 829372 | 13 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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