Just for posterity here's a chart immediately before Big RED (RED+SLR) begins trading .... it's going to be confusing chart wise as it's not really the same company with a doubling of market cap / assets & gold production, virtual elimination of debt (large cash reserves), decreased hedging (relative to total production), massive increase in credit rating (lenders will be queuing up to lend .... hello MacBank) .... all this should lead to further rerate ??
To end the confusion, will the new BOD announce a name change .... "RED5" seems decidedly passé .
Just for posterity here's a chart immediately before Big RED...
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 (20min delay)
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 37.0¢ | $5.609M | 14.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 311637 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 1805403 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |