Agree, they know a take over is coming…. An 11% vote on red will make sure we get a good return on our capital.. it’s just strategic.
Red 5 SP will likely come back, when the buying dries up and the acquisition tarries…. Why would you make a bid straight after a 20% spike.
If I was planning on making a bid I’d wait…
SLR Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held