RED 2.70% 36.0¢ red 5 limited

WOW - what a powerhouse presentation - if this doesn't fly high...

  1. 2,337 Posts.
    lightbulb Created with Sketch. 1300
    WOW - what a powerhouse presentation - if this doesn't fly high in Europe and beyond then, what will ??
    So many possibilities could immediately flow from this merger - so much cash, much enhanced credit worthiness, and further M&A potential.
    What if Big RED, negotiates a new credit facility to replace RED's debt, considers some buyback of the hedging and / or, offers an immediate dividend for all holders on a date, post June .... now that would set the hares running and give a immediate boost to the SP ??
    But the best use of capital, is to bring forward KOTH cutbacks and KOTH expansion, as outlined by others recently ... and then become the cash generating monster .... that will pay sustainable dividends.
 
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.