RED.L Share Price (RED)

Note this share chat is no longer the one for the company! You need to search IES.
This is the new board for what was REDt. Over and out!
Cheers
RK

Well, investors the key is actually not how many shares you have, but the upside potential and does this merger and the tie up with Bushveld Minerals give this company the groundbreaking opportunity needed to make it successful? The answer is yes on every level. The scale involved here will make huge difference from production, logistics, expertise and a reliable and dependable vanadium and vanadium electrolyte supply, tied in with the electrolyte rental product this makes the business bang on competitive.
Now, the key point the world needs stationary energy storage everywhere and this product is perfect the the largest market - 4 to 8 hours. Add in the reliability and life which is 4 to 5 times longer than a lithium ion system.
This is a very exciting investment and highly likely in the long term to bring dividends to.
Hope this helps.
Cheers
RK

They reduced the amount of shares in issue by a factor of 50 and this had the effect of increasing the value of each share by a factor of 50 so you are no better or worse off financially.
But you now hold a lot less shares - if you had 250k before you now have 5k.
This will have an effect on any dividends that may be paid in the future and the potential value of the SP going forward.

Also do not believe the price information above the current bid price is more like 40p not 50p - down around 20%

If they consolidated shares, are shareholders better off now than yesterday, or is it an illusion? Usually consolidation just masks a continued devaluation, no?

YEP it really did with the help of a consolidation of shares