Just a few more junk numbers then I will call it a night.
Old Numbers here from EOFY 2023:
Net assets:
SLR $711,541 million
RED 5 $330,071 million
Total combined net assets as at 30 June 2023 = $1,041,612
Total shares outstanding now 6,802,473,382 (Painful isn't it).
Resulting book value : $1,041,612 / 6,802,473,382
Simplified to smaller numbers: $1.04 / 6.80
Combined Companies at $0.15c Book Value Per Share as at 30/06/2023.
If trading at industry average of 2.5:1 = $0.375c
Hmmmm is there some rhyme and or reason here.
I think this is what the Market is seeing and not reading any further into it at the moment.
I believe the new 2024 Balance sheet will show improvement with RED 5 debt having been paid down and paid off.
Good gold sales at good prices by red 5 and SLR since 30 June 2023 should also boost balance sheet.
Aiming for a Book Value Range of $0.18 to $0.22c.
Good Night all
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Last
28.5¢ |
Change
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Mkt cap ! $1.938B |
Open | High | Low | Value | Volume |
28.5¢ | 29.5¢ | 28.0¢ | $8.190M | 28.59M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 880868 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 551056 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 880868 | 0.285 |
37 | 1646181 | 0.280 |
23 | 1360040 | 0.275 |
21 | 875673 | 0.270 |
12 | 761326 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 551056 | 17 |
0.295 | 1118056 | 19 |
0.300 | 1281652 | 14 |
0.305 | 653291 | 9 |
0.310 | 360324 | 8 |
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