RED 8.20% 33.0¢ red 5 limited

Hi Moit welcome. - valuation at 3.00 is fairly safe (apart from...

  1. 1,714 Posts.
    lightbulb Created with Sketch. 44
    Hi Moit welcome.

    - valuation at 3.00 is fairly safe (apart from my regional rebel risk) based on my own calcs from months ago using $1450/oz. Over long term these brokers come up with something similar - you just can't dispute the value here and the cashflows that will eventuate. We won't get to 3 yet until first full quarter runs the cash through the bank account & ore runs through mill, but i don't ascribe to the theory this is "worth" $4, more to happen before that could be considered.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
33.0¢
Change
0.025(8.20%)
Mkt cap ! $2.244B
Open High Low Value Volume
32.0¢ 33.5¢ 31.5¢ $12.73M 39.16M

Buyers (Bids)

No. Vol. Price($)
16 1931022 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 748069 3
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.