A bit of dilution, not major. What I like most is this:
"Total gold delivery
commitments are minimal and less than one tenth of those
normally required with conventional project finance"
I think this more than off sets the dilution. It's far more important that RED gets as little hedging as possible.
$45mil placement @ .155, page-27
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Last
30.5¢ |
Change
0.015(5.17%) |
Mkt cap ! $2.074B | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 31.5¢ | 29.0¢ | $6.131M | 20.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1710117 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 290135 | 11 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |