RED 2.44% 42.0¢ red 5 limited

the worm is turning, page-8

  1. SBC
    1,006 Posts.
    Given a stated npv of greater than AUS$125 m and a current epv of less than AUS$35 m you would have to think that a re-rating will occur soon.

    Once it gets into the 9's it should attract some more attention as the half cent increments are just around the corner.

    Looks very good to me.

    Cheers
    SBC
 
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