goldfarm, from your original post, RED has 3 times the number of shares to GOR. However, with GOR at 50% stake gives them 150 oz/yr to RED's 200. My quick calculation says RED has 25% more gold output so we could put a 25% premium on GOR's book value making them up to $1.5 billion max. Currently at $600 million. That would be 2 1/2 times current value or about 60 cents per share. I think $1 plus is a bit of a stretch but a nice dream. Would take a lot of ducks to fall into place but who knows.
- Forums
- ASX - By Stock
- RED v GOR
goldfarm, from your original post, RED has 3 times the number of...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
|
|||||
Last
36.5¢ |
Change
0.010(2.82%) |
Mkt cap ! $2.414B |
Open | High | Low | Value | Volume |
36.0¢ | 36.5¢ | 36.0¢ | $407.8K | 1.131M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 348249 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 1090891 | 31 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 347478 | 0.360 |
13 | 434621 | 0.355 |
29 | 1184299 | 0.350 |
26 | 1454431 | 0.345 |
40 | 2273639 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.365 | 1469619 | 28 |
0.370 | 948732 | 15 |
0.375 | 1170664 | 15 |
0.380 | 932384 | 16 |
0.385 | 381943 | 9 |
Last trade - 10.07am 20/08/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |