is 60 cents possible, page-28

I'm not downramping anything, i am asking how RDN could have a current MC of $90m @3cents ?

How is it when anyone asks a legitimate question they are labelled downramping, yet shareholder33 can just post 60cent bs predictions that would give RDN a whopping 1.8B MC and that is fine hahah.

I mean come on.

Nearology means very little as we are all finding out accross the asx.

The reason i believe RDN has a current MC of $90m is because it has so many shares on issue, and newbies have no idea about market caps and think 3 cents is cheap.

However calculations on MC need to be taken into account.

two simple examples of two companies MC at 3 cents -

ABC 3 cents sp, 100million shares on issue -MC = $3million

XYZ 3 cents per share, 3 billion shares on issue- MC = $90million.

Huge difference and that is where i think this is at.