RDN raiden resources limited

Ann: Andover South Drilling Update, page-877

  1. 519 Posts.
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    if the institutions are bailing through inside trading knowledge the share price drops 70% in an hour. That hasn't happened, so let's stay cool.
    I reckon Raiden has the goods because logic dictates that if your neighbour has a motherlode of what we want right up to our fenceline then chances are we have it also. I'm no mathematical genius but in this gambling game we all have instinct and hunches and one school of thought is that we are way overpriced with an mc hovering either side of 100 million, but it remains up there because RDN prospects are so good.
    My guess, good to great results within the coming weeks get us to a mc around 150 million and if the Li price were better, given the AZS story that figure could have been 250 mc.
    There's also the Trump/ climate change denial/ Elon Musk Tesla/ tarrifs/ Ev adoption/ over supply of lithium morass effects to consider. Makes my head spin considering it all, but cut through the smoke and mirrors and it still points to the world going electric because we love our children and we want them to breathe clean air.
    Again, it's just a guess, but with the Li cycle on the up, within two years RDN is being bought out for a billion or its making plans to be a developer like pls and ltr.
    Why not?
 
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Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $13.80M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $30.16K 7.387M

Buyers (Bids)

No. Vol. Price($)
85 49580103 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 17688676 19
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
RDN (ASX) Chart
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