RDN 4.00% 2.4¢ raiden resources limited

Rio Tinto to raid Raiden's Serbian Acreage, page-12

  1. MZA
    303 Posts.
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    Current state of play is surprising to say the least - would have expected significantly more on market support (especially at these SP levels) based on the level of interest when they did the cap raise...that said overall market is flat - will be a lot of holders spooked and dripping in blood after it fell off a cliff when the JV was announced - that alone makes it tough to work through SP wise even on any good news - I guess like most just a waiting game from here and looking at opportunities should it ever drop below 2 cents...the team and assets they have assembled are impressive so no choice at the minute except waiting and seeing what transpires.
 
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