If you paid peanuts during the CR era and it's a 15 year mine life and you've bought a seperate chunk to sit on with your super as a long term gamble, it's not so bad. An industry average of 7.9% vs Red's 110%, in one year.
Sure you can always take profit from it and/or free carry but there's nothing wrong with a longer term approach either especially considering what could take place soon, the implications of the merger on the bottom line. If RED holders were getting X amount of SLR shares for the merger I'd be selling down. But we're in a great position here. Trade or hold there is more money to be made.
/disclaimer: This is not financial advice. This is the diary of a madman.
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GOLD / RED 5 & SLR ON FIRE. Wishing all well., page-28
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Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.516B |
Open | High | Low | Value | Volume |
37.0¢ | 37.5¢ | 35.0¢ | $17.69M | 48.94M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 1705565 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 224749 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 486474 | 0.365 |
11 | 915135 | 0.360 |
13 | 1029633 | 0.355 |
53 | 2672092 | 0.350 |
20 | 1015013 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 224749 | 3 |
0.375 | 2401568 | 21 |
0.380 | 1150151 | 12 |
0.385 | 1040382 | 7 |
0.390 | 443199 | 10 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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