I think the fact that RDN have 1.4 Billion shares on issue us a real issue and a very negative one , given there are no results coming , and basically they will need heaps of money to continue drilling !
So , all in all, this penny dreadful is starting to look very much like an avoid !
Writing was and is in the wall !
RDN not alone, the ASX is littered with these ! Exploration is a difficult and costly risk !
I think the fact that RDN have 1.4 Billion shares on issue us a...
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Last
2.9¢ |
Change
-0.001(1.72%) |
Mkt cap ! $91.66M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.7¢ | $706.1K | 25.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 757249 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1656611 | 9 |
View Market Depth
| Last trade - 14.41pm 12/11/2024 (20 minute delay) ? |
| RDN (ASX) Chart |