If reds pays the dividend as stated in a previous ann, at the current sp price this is about 12%, not to be sneezed at ,the only risk in red is fear in the market and the price of gold, if gold goes to $1000 red will still be a debt free cash cow, 70000 oz per anam @$1000 = $70 000 000 less $400 to digs the stuff up =$42 000 000 net profit, not bad coin if you ask me...........
dividend yield equates to 12%
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Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $1.541B | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 45.0¢ | 43.0¢ | $10.42M | 23.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 923494 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 695828 | 6 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |