RED 5.17% 30.5¢ red 5 limited

Hi Petard,I will just have it noted that whilst the fundamental...

  1. 1,870 Posts.
    Hi Petard,

    I will just have it noted that whilst the fundamental value for Siana remains at 29 cps RED equivalent based on a US$1,150/oz gold price, there is POTENTIAL for it to trade similar to its peers - note that virtually all gold producers (other than say very short term operations) tend to trade at a considerable premium to underlying valuation (eg MML has a considerable premium, but its not alone, the whole gold market acts similarly once in gold production - eg Newcrest whilst a market leader, trades at something like a PE of 30!!!).
 
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Last
30.5¢
Change
0.015(5.17%)
Mkt cap ! $2.074B
Open High Low Value Volume
29.0¢ 31.5¢ 29.0¢ $6.131M 20.29M

Buyers (Bids)

No. Vol. Price($)
17 1710117 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 290135 11
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
RED (ASX) Chart
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