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43.0¢ red 5 limited

Luke will use his cool but rather tyrannical hand to pass over...

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Joelstar

3,479 Posts.

2293

24/04/24

16:16

Post #: 73501532
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Originally posted by MIStragic: ↑

I suppose you can't blame the BOD for listing these, as it was the very same that lead to the last (final) CR that shattered the BOD's credibility ??
Once the new BOD and MD are installed post merger, these items will disappear from the conversation ??
Both RED and SLR quarterlies are bullish and underlie the enormous cash and cash generating capacities of the new merged entity ??
Hence when the market realises the synergies of the merger entity, the sum of the parts will be exceeded the rerated big RED market cap ??
The value of the merger entity will of course depend on the POG remaining strong and the general market not crashing in a 2008 redux.
When the merged entity presents at Diggers & Dealers this year, with Cool Hand Luke presenting, will RED finally get "miner of the year award" ??

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Luke will use his cool but rather tyrannical hand to pass over the baton over to Rails Finlayson.
Luke will then just float off into the sunset, riding atop a rather plump pile of compounded vested options.

RED Price at posting: 43.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last 43.0¢		Change 0.005(1.18%)		Mkt cap ! $1.489B

Open	High	Low	Value	Volume
42.5¢	43.0¢	41.8¢	$5.257M	12.35M

Buyers (Bids)

No.	Vol.	Price($)
5	250587	42.5¢

Sellers (Offers)

Price($)	Vol.	No.
43.5¢	879893	12

View Market Depth

No.	Vol.	Price($)
5	250587	0.425
14	740873	0.420
10	817747	0.415
8	180383	0.410
7	271197	0.405

Price($)	Vol.	No.
0.435	879893	12
0.440	653920	11
0.445	365234	5
0.450	1690727	16
0.455	697571	8

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 43.0¢			Change 0.005 ( 1.65 %)
Open	High		Low	Volume
42.0¢	43.0¢		41.8¢	4977794
Last updated 15.59pm 06/05/2024 ?

RED (ASX) Chart

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