Who ever the buyer is, you can bet your bottom dollar another buyer or two will emerge as the assets of Red5 are very valuable with current reserves for minimum of 15 years of production and high grade with plenty of upside. Like I said a couple of weeks ago. The buyers have all they need now with the latest releases to know what they are currently buying is a very cheap asset at the prices at .26 cents today which when you compare to CMM and GOR they are buying currently for a 50% discount on todays price of $AUD gold.
What is going to be interesting is if the buyer looks to take a major percentage 20%+ or will make a take over offer in the coming weeks?
Who ever the buyer is, you can bet your bottom dollar another...
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Last
34.3¢ |
Change
-0.003(0.72%) |
Mkt cap ! $2.329B | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.3¢ | $1.489M | 4.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 1615273 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 325192 | 19 |
View Market Depth
| Last trade - 10.51am 27/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |