Not sure why RDM sp continues to fall. Today's announcement values RDM shareholding in MMA at $15M @ 20c per MMA share. For each 1c rise in the MMA sp RDM's MMA share valuation rises by $750K,
RDM get $500K from MMA for costs incurred and noting that their quarterly expenditure is sub $400K then RDM should still have $2M cash once the $500K MMA payment hits the books. So RDM's EV at today's closing price is $22.6M minus $15M MMA shares minus $2M cash = EV $5.6M
RDM is extremely cheap.
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $40.43M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $23.54K | 169.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8703 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 35000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8703 | 0.135 |
5 | 177769 | 0.130 |
3 | 33007 | 0.125 |
1 | 8500 | 0.115 |
1 | 7000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 35000 | 1 |
0.145 | 15000 | 1 |
0.150 | 47037 | 2 |
0.160 | 197500 | 3 |
0.165 | 35577 | 2 |
Last trade - 15.45pm 17/06/2024 (20 minute delay) ? |
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Last
13.5¢ |
  |
Change
-0.005 ( 6.90 %) |
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Open | High | Low | Volume | ||
13.5¢ | 14.0¢ | 13.5¢ | 67328 | ||
Last updated 15.35pm 17/06/2024 ? |
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