HAHAHAHAHA AZR have 390,236,072 shares on issue. RDN has 2,055,268,930... I don't see how they were in the same position as us.
Let's say, for argument's sake, we have the same market cap. That would roughly be a SP of $0.3057. Which I would still be quite happy with.
Now let's say we do another 1 to 4 cap raise. That's another 513,817,233 shares on issue with the same market cap we are now at $0.2446.
Cap raise after cap raise is not a good idea. Regardless, both tenements should be explored and RDN should keep Mt Sholl in its focus.
The only thing that would help after more cap raises is if the company conducts a buy-back which I don't see happening unless they start generating serious revenue. Other than that, a takeover.
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $65.25M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.2¢ | $357.9K | 15.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1204778 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 575454 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1174778 | 0.023 |
22 | 4627919 | 0.022 |
9 | 2413333 | 0.021 |
12 | 1615953 | 0.020 |
4 | 1750001 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 575454 | 4 |
0.025 | 1148427 | 5 |
0.026 | 1323897 | 7 |
0.027 | 805154 | 5 |
0.028 | 850000 | 2 |
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