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42.5¢ red 5 limited

Here's my guess.SLR have 960M shares for a market value of...

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scittyandcross

5,295 Posts.

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27/02/24

18:42

Post #: 72627212
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Originally posted by Periculum: ↑

Can someone please help and maybe teach ALL of us along the way.

How do you calculate what a share price should be based on the two books we currently have. SLR have X shares and the company is valued @ $Y B dollars and RED have W shares and the company is valued at $Z B dollars. Therefore, company XYZ is valued at $ABC and have DEF shares on issue which should be $X.xx per share. Hope that makes sense.

When you bring them altogether, what is the mathematics of the theoretical share value?

I just can't quite get all the pieces together in my pea-brain - one of my three brain cells is taking respite after all this thinking.

I have tried looking up how to do this calculation but have not found anything that is solid and understandable. At a certain level, it seems common sense.

Thanks

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Here's my guess.

SLR have 960M shares for a market value of $970M,

Red have 3.5 B shares for a market value $1.09B

SLR holders are getting 3.434 RED share for every SLR share so that's another 3.3B extra RED shares so a total of 6.8B shares for a combined market cap of just under $2 Billion.

$2B -/- 6.8b shares = $0.295

Whether that's undervalued given the assets - I have no idea.

Last edited by scittyandcross: 27/02/24

RED Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 42.5¢		Change -0.005(1.16%)		Mkt cap ! $1.472B

Open	High	Low	Value	Volume
43.0¢	43.5¢	42.0¢	$13.48M	31.70M

Buyers (Bids)

No.	Vol.	Price($)
18	290926	42.0¢

Sellers (Offers)

Price($)	Vol.	No.
42.5¢	48931	3

View Market Depth

No.	Vol.	Price($)
18	290926	0.420
11	882473	0.415
8	467333	0.410
4	174289	0.405
25	519949	0.400

Price($)	Vol.	No.
0.425	48931	3
0.430	640847	8
0.435	533437	6
0.440	510057	8
0.445	365234	5

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 42.5¢			Change -0.005 ( 0.96 %)
Open	High		Low	Volume
43.0¢	43.3¢		42.0¢	4377291
Last updated 15.59pm 03/05/2024 ?

RED (ASX) Chart