Ok they paid 26c per share so obviously just bought on market before open yesterday, no gain on the investment yet but boosted RED SP by 20%, and smashed our own SP by 8%, great.
This half-assed buy is unlikely to be the start of RED T/O by SLR, as RED is now even bigger in MC than SLR. More a short-term opportunistic trade, for some potential consolidation they may in the know.
The management really need to work on its SP appreciation now, you are not gonna strike any good deal with SP at these levels, go find some serious money to back you up instead of getting slaughtered by the funds every time you try to get something done and we SH pay the bills.
Now Chinese gold price is on a steady rise and may break the curse of Comex shorts, ride this wave, drill the fk out of SZ and release some good news to give us SH some good days to shine!
Ann: Becoming a substantial holder for RED, page-6
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 (20min delay)
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Last
$1.55 |
Change
-0.060(3.73%) |
Mkt cap ! $1.448B | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.58 | $1.54 | $7.128M | 4.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8971 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 6431 | 1 |
View Market Depth
| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
$1.56 |
Change
-0.060 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.58 | $1.54 | 1345841 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| SLR (ASX) Chart |