Yes I think RED is a sitting duck for a T/O merger etc ... smart mgmt will turn around operations ... RED has the Plants + Au Reserves ..
Purchased a few today .. 12.7c
I'm Bullish on GOLD going for a run by MID year ... and finally breaking to new high above USD $2070oz levels ..
If RED can get close to target AISC ... $1k+ margins would certainly spark some market interest and in time FAT divi's ..
I think INSTo's looking at the bigger GOLD picture along with T/O upside at these S/P levels ..
Yes I think RED is a sitting duck for a T/O merger etc ... smart...
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.8¢ | 36.8¢ | $13.81M | 36.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2044679 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 571259 | 6 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |