For REDs put/call options to clear the 25 million dollar loan, the put options would need to be circa $600 an ounce higher than the current gold price i.e. nearly $2000. When the loan (and put/call options) were announced the gold price was circa ~$1650-1700. To think that RED would have received free 'protective' put options at a (then) $300 premium to the market price is absurd.
For REDs put/call options to clear the 25 million dollar loan,...
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Last
37.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.0¢ | 37.0¢ | $5.719M | 15.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 199992 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 418122 | 5 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| VAU (ASX) Chart |