What a transformation - a Siana and Darlot solution create a very clean structure that is an ideal candidate for M&A ?
Don't be surprised if RED takes out this years Diggers & Dealers miner of the year. A long overdue rerate is coming and the SP revival is imminent.
Dare I say that the curmudgeons will still not be happy .... now if the gold price firms, we may see that A$1bn market cap by years end ??
The only factor besides the gold price that will limit RED's SP revival is a market crash .... lets hope the Fed doesn't let us down before the RED Phoenix takes flight.
Ann: Diggers & Dealers Mining Forum presentation, page-2
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Last
40.0¢ |
Change
0.005(1.27%) |
Mkt cap ! $2.720B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 39.5¢ | $11.08M | 27.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1144031 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 1551283 | 17 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |