I dont think there is enough clarity on the listed investment.
It's $143m in RED shares. If we divide that by the 920m shares SLR have on issue we get 14-15c. That puts the share value at what it closed at.
There has to be something we are missing regarding the listed investment and it's treatment.
DYOR
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- Ann: Presentation - Red 5 and Silver Lake Resources to Merge
Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-24
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