Also on the other side of that instead of Reds SP dropping if SLRs SP rose to fair value something like $2 and Reds SP stayed at around .4 then asking for something like 1/5 would literally be fair value. I would find it hard pressed to believe that Red would be able to make any objection to a 1/5 offer if those where were the SPs were at. I mean personally I don't know what the instos are thinking or how the algos were set, but it's honestly up to them, whether they're happy to accept 1/3.43 or not, again this is still a theory just putting out scenarios of what could happen not saying they will or are happening. DYOR
Also on the other side of that instead of Reds SP dropping if...
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Last
$1.53 |
Change
-0.005(0.33%) |
Mkt cap ! $1.425B | |||
| Open | High | Low | Value | Volume |
| $1.53 | $1.54 | $1.51 | $2.821M | 1.854M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13115 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 31494 | 4 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$1.53 |
Change
-0.005 ( 0.08 %) |
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| Open | High | Low | Volume | ||
| $1.53 | $1.53 | $1.51 | 393307 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| SLR (ASX) Chart |