One wonders if this is your job (?), but you like to point out that when LT was appointed MD of SLR in 2014, SLR was at 14 cents. That's true, but do we need to remind you that gold was at $1,400 in 2014 and that apart from a small drop in 2020, the price of gold has continued to rise to exceed $3,500 and that all MDs of all goldies have ended up being champions !
On the other hand, when LT took over RED, RED was at 49 cents and is now at 35.5 cents, despite fantastic results, a cash gift of hundreds of millions, a future in... gold according to the quarterly report and a gold price of over $3,600 ! Do you think LT is also responsible for this decline ?
As for your idea of "consolidating shares" to 600 million (in other words a reverse split 1/10) giving a SP of $3.50, please tell us what the gain would be for RED shareholders... given the current price of 35.5 cents ?
And I am still waiting for your opinion (if you have the right to give it...) on the sale of a package of shares at more than 40 cents per LT before the catastrophic fall of RED and before the market was aware of the simplified capital structure ?
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Last
37.5¢ |
Change
0.030(8.70%) |
Mkt cap ! $2.550B |
Open | High | Low | Value | Volume |
35.5¢ | 37.5¢ | 35.0¢ | $10.17M | 27.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 593106 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 1206508 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 593106 | 0.370 |
15 | 961352 | 0.365 |
11 | 975254 | 0.360 |
8 | 785051 | 0.355 |
14 | 683584 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 1204791 | 27 |
0.385 | 1351495 | 16 |
0.390 | 1582848 | 11 |
0.395 | 753666 | 8 |
0.400 | 1062413 | 22 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
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