RDN

3.45%

2.8¢ raiden resources limited

Ann: Heritage survey secured for Andover South Project, page-101

First 101 Last

Share
Profile

Follow
Tcob

1,089 Posts.

134

07/03/24

13:23

Post #: 72793522
Share

Originally posted by Kron00: ↑

The Market at this end is very irrational. Its not valued off revenue, or assets, or really much that's tangible.

Its people doing their own peer reviewed analysis, "Oh AZure is worth X, we must be worth X" and then discounting for stage and risk. Usually discounted by 90% at such a stage. Not a whole lot of thought until you see drills and (some) people can start to work out the economics between grades, depth, width, location to transport, services, mines etc.

Its a hard one to pick at this stage, no one really knows except those that are close to insiders no doubt. Word spreads in perth. Heaps of sharks, retail jumps in late and hands the cash over to insto's that bought early. Then when retail whinge and moan and sell out because they didn't make $1m in 2 months like they heard people did on WA1, LTR, WC8, AZS etc. Insto comes back in when the time is right and scoops it all back up again for a 50% discount, then really makes the cash on drill results.

Retail then jump back in on the announcement or following days as the cycle repeats.

Don't be that dummy. Buy early, hold. and if it drops and the news has not changed, buy more. Even $500 invested here this early is like having to invest $20,000 for the same amount of shares if it hits and reaches something like AZS as an example.

Expand

great post, no ramping or usual bs, full of logic!

Thank you.

RDN Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

ASX hits all time high out the gate on Friday trades following bullish US inflation data

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

There are more pages in this discussion • 45 more messages in this thread...

First 101 Last

Add RDN (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change -0.001(3.45%)		Mkt cap ! $76.12M

Open	High	Low	Value	Volume
2.8¢	3.0¢	2.8¢	$190.9K	6.652M

Buyers (Bids)

No.	Vol.	Price($)
17	3012806	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	249635	1

View Market Depth

No.	Vol.	Price($)
16	2967806	0.028
16	1330610	0.027
16	3211413	0.026
19	3959000	0.025
9	3475618	0.024

Price($)	Vol.	No.
0.029	249635	1
0.030	594733	5
0.031	2099945	3
0.032	813746	6
0.033	1151500	4

Last trade - 16.10pm 12/07/2024 (20 minute delay)

RDN (ASX) Chart

Ann: Heritage survey secured for Andover South Project, page-101

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nimy to raise $1.21M to explore 'newsy' WA targets

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Heritage survey secured for Andover South Project, page-101

Top Stories

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Nimy to raise $1.21M to explore 'newsy' WA targets

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News