RED5 planets are aligning - a successful merger to create a debt free, cashed up mid-tier with lots of growth potential and record gold prices ....
Technically, any chart prior to SLR commencing the merger are irrelevant. With a surging gold sector sentiment, RED's SP should consolidate above 40c, but will struggle to make new highs until further substantive achievement's are announced .... analyst's consensus is 46-50c.
For those already (predictably) calling for dividends ..... surely further M&A to compound mine life and quality just come first ??
Now, if the market can just hold together till Jan'25, we'll all have time to take some profits for the looming market meltdown ??
RED5 planets are aligning - a successful merger to create a debt...
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $2.040B | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.3¢ | $10.78M | 35.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 262175 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 215007 | 9 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |