Not invested in either stock at this stage (GMD Holder) and trying pick the best entry.
Just saw that RED at 31 December 2023 had 256,439 ounces of forward gold contracts outstanding between January 2024
and September 2026 at an average price of A$2,584 per ounce.
That would equate to $153 million impact on potential profit for the merged entity over 2 1/2years.
Might stay out for now and hope GMD dont get involved.
Not invested in either stock at this stage (GMD Holder) and...
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Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.3¢ | 36.8¢ | $14.90M | 39.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 387085 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 1040379 | 11 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |