Yes it's strange that despite so much "expert opinion" RED's SP somehow keeps pace with the POG and the gold sector.
Now assuming the reverse takeover of RED by SLR goes ahead, and assuming SLR is worth 151c, then divide that by 3.445 (the merger agreed exchange rate) then RED is worth 43.83c .... OMG thats what Petra analyst thinks if SLR succeeds, and that was at a much lower POG.
Now the POG has broken out to new all time highs, and GMD is in the picture .... is 50c+ a real possibility ??
Yes it's strange that despite so much "expert opinion" RED's SP...
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Last
33.0¢ |
Change
0.005(1.54%) |
Mkt cap ! $2.244B | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.5¢ | $5.788M | 17.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2715126 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 423776 | 8 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |