Mate it is about right and wrong, that's the whole point of markets. People are finally starting to spell it out, look immediately above this. RED's hedge book is a killer. It destroys any margins for the next 2 years, UNLESS the cash is used to dispense with them, which is going to occur.
SLR's shareholders have been shafted and any talk that RED holds all the aces is BS!
Ann: Red 5 and Silver Lake Resources to Merge, page-159
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Last
33.5¢ |
Change
-0.010(2.90%) |
Mkt cap ! $2.278B | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.3¢ | 33.0¢ | $7.086M | 21.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1728335 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 191524 | 4 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |