It is what it is. We all knew it was just a punt and that we were investing (cough cough gambling) in a speculative junior explorer on a nearology play. It was always a massive gamble and people telling themselves it wasn't are either delusional or lying.
It would have been epic if they found a huge deposit and this stock was a Disallowed but it wasn't and everyday we get more indications that it won't be. Today it was a massive sell-off by most likely a top shareholder, and Dusko and team not exercising their options.
I salute people staying in but just be wary that this stock could fall to mid 1s if no good results. There a cheaper ASX listed lithium juniors with a lot more lithium than RDN. RDN will continue to fall as investors lose confidence of there being a good discovery at Andover. 0.5 cents is realistic, so people holding just be wary. I hope it turns out well and best of luck all.
GLTAH
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Ann: Pegmatite extensions confirmed & visible spodumene in core, page-893
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $13.80M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $102.6K | 21.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 37942227 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3127553 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 28467227 | 0.004 |
25 | 24331999 | 0.003 |
13 | 24357501 | 0.002 |
7 | 30000001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2813153 | 3 |
0.006 | 21820327 | 29 |
0.007 | 14285095 | 32 |
0.008 | 12790424 | 14 |
0.009 | 8087630 | 7 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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RDN (ASX) Chart |