RDN raiden resources limited

Daily Discussion, page-10469

  1. 5,161 Posts.
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    Yeah an investor presentation by somebody would be good , or better still maybe a EGM calling from shareholders to find out the plans moving forward. Looking at the interest received from the half yearly it sounds like they have only $5m out of $16m in term deposit judging by the $125k received in interest so a serious question that could be asked is if not a lot is going on why is the most part of $16m in term deposit that would create around $800k in interest that would stop the flow of any cash burn until they get a solid strategy. All I can think is that something is going on but the company are not in a position to divulge their plan and want the SP in the cellar for some inner sanctum reasoning.
 
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