RED 2.70% 36.0¢ red 5 limited

Yes it's strange that despite so much "expert opinion" RED's SP...

  1. 2,337 Posts.
    lightbulb Created with Sketch. 1300
    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 ??
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
-0.010(2.70%)
Mkt cap ! $2.448B
Open High Low Value Volume
37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

Buyers (Bids)

No. Vol. Price($)
18 1862724 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 2312588 9
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.