RED 0.00% 34.5¢ red 5 limited

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

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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
 
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