RDN raiden resources limited

Sorry for holders that have brought in higher which is 95% of...

  1. 7,024 Posts.
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    Sorry for holders that have brought in higher which is 95% of you. Pros and cons list for you guys feel free to add to it

    pro - lots of cash in the bank and mangement raised at relative high price for less dilution to MC

    con - first 5 or so holes seem to hold low grade lithuim

    Pro - it’s still early drilling and you never know what’s underground.

    con - SP is tanking really badly which would suggest leaky bad news on the way

    Pro- the market might already be factoring in bad news and might actually go up on any hint of good news

    Con- the directors did not convert there options this shows low confidence in drilling.

    Pro a lot of directors I have seen don’t exercise there options as they are normally given to them for free as part of their payment package.

    Con Rdn will stop drilling over Christmas will the SP keep going down as nothing is happening?

    Pro a lot of shares experience the Christmas sell off but tend to rally again early to mid January .

    Con soon Rdn will have to decide to keep going ahead with the project or cut losses and save money?

    Pro I’m sure management are aware the lithuim project might be a duster and may be currently looking for new opportunities.

 
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(20min delay)
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
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
RDN (ASX) Chart
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