RED 0.00% 34.5¢ red 5 limited

Also to add if SLR was to use its $450 million dollars in tax...

  1. 616 Posts.
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    Also to add if SLR was to use its $450 million dollars in tax losses SLR would need to T/O Red5 to fully use these tax losses.
    So for ones who don’t know, any profits SLR make in the future they can use these taxes losses against any profits. Which means the first $450 million profit is tax free. Can you see what is happening here? And with the Red 5 Board down to only 5 members tells
    me SLR will be making a T/O offer soon. I would put money on it that the additional 440,000,000 shares traded today will be mostly SLR’s.
    Be interesting to see what significant share holder notices come out out in the next 5 business days to see if any of the top 20 shareholders have sold.
 
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