I would like to know who bought the other 445,000,000 Red5 shares? As when you look at the buying of Red5 shares from 30/08/2023-14/09/2023 and you leave say 10,000,000 shares for normal daily shares traded I get approx another 210,000,000 shares purchased up and above normal trading in Red 5 shares during this time. Then add the other 205,000,000 shares bought on the 15/09/2023 you get a total of approx 405,000,000 also taking off 10,000,000 on the 15th for normal trading in Red 5. Take out the approx SLR 11% purchase of Red5 shares announcement rounded up 390,000,000 = 15,000,000 left over + the 440,000,000 shares purchased on Monday the 18/09/ 2023 leaves me approx 445,000,000 unaccounted for? Who is the owner? Surely this super large amount still unaccounted for is way above 5% of the market cap and needs to be disclosed to the ASX.
SLR could have bought the other parcel and maybe has a broker is doing a further ring around to the larger share holders who would like to sell at X cents before they announce a take over of all of Red 5 shares?
They or any other major Gold company would be picking Red 5 up for a 50% discount in todays market and we all know including all the majors where the price of Gold in headed in the next 3-5 years.
The only explanation I see is SLR or some other Gold company has bought the other Red 5 shares 445,000,000 in a number of different company names to fly under the radar.
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I would like to know who bought the other 445,000,000 Red5...
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34.5¢ |
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Mkt cap ! $2.329B |
Open | High | Low | Value | Volume |
35.0¢ | 35.0¢ | 34.3¢ | $1.483M | 4.292M |
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No. | Vol. | Price($) |
---|---|---|
56 | 1622012 | 34.0¢ |
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Price($) | Vol. | No. |
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34.5¢ | 333079 | 16 |
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23 | 1305723 | 0.335 |
26 | 1738283 | 0.330 |
28 | 847193 | 0.325 |
44 | 2027697 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 476712 | 19 |
0.350 | 1857239 | 54 |
0.355 | 1267012 | 22 |
0.360 | 1219414 | 33 |
0.365 | 1263895 | 29 |
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