It seems some RED guys are trying hard to persuade SLR share holders to accept the merger happily.
The merger would save RED with cash/resource/credit from SLR with a discount price when I think RED is overvalued at the moment: considering the 2.5 years hedge book that makes its revenue same when gold price is $3000 or $1000, so the current 40c shall be a fair value only two years later if without SLR bought 11% at 26c.
I will be happy to say YES if the scheme is 1:10 instead of 1:4.343, now the merger is way too much of sacrificing SLR holders' interest.
It seems some RED guys are trying hard to persuade SLR share...
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Last
$1.51 |
Change
0.040(2.72%) |
Mkt cap ! $1.411B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.48 | $5.756M | 3.845M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6645 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 54198 | 5 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.51 |
Change
0.040 ( 3.17 %) |
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| Open | High | Low | Volume | ||
| $1.49 | $1.51 | $1.48 | 1035163 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| SLR (ASX) Chart |