Imagine SLR shareholders approve the merger, then it's a done deal - how soon will the market react and rerate Big RED ? Imagine if instead of paying down further debt, it was simply rolled into a "credit facility" (not a big ask for a A$2.5bn MC company) Imagine if the new MD and BOD confirm that they're intent on further strategic M&A using their enormous cash reserves and credit worthiness ?? Imagine if Big RED then makes an offer for GMD with a mix of shares and cash ?? Imagine the incredible, once in a lifetime, Leonora consolidation to create a new A$5+bn tier 1 gold mining company ?? Imagine if very Big RED then announces its intention to start paying dividends within 2 years ??
RED Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
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