For those who keep on insisting that RED's hedges are the crime of the century - get a grip - it was a condition of the loan.
Moreover, if the POG falls, those hedges wont look so bad - if the POG rises, then the 'non-hedged' part of RED's production becomes more valuable.
The hedged portion is not being produced at a loss - its just less profitable ... comprenday ??
Buying out the hedges when the market is so uncertain is using one's powder unwisely - spend that money on improving & expanding KOTH .....
"build it and they will come" to KOTH's field of dreams.
Meanwhile RED's and SLR's SP is range bound, and only extraordinary developments will disrupt their lockstep.
- Forums
- ASX - By Stock
- Ann: Red 5 and Silver Lake Resources to Merge
For those who keep on insisting that RED's hedges are the crime...
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
|
|||||
Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B |
Open | High | Low | Value | Volume |
37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1862724 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 2312588 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 84542 | 0.360 |
17 | 576790 | 0.355 |
33 | 1675872 | 0.350 |
17 | 1054440 | 0.345 |
10 | 457066 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 255012 | 3 |
0.375 | 166314 | 2 |
0.380 | 368323 | 9 |
0.385 | 440469 | 4 |
0.390 | 334266 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online