Doesn't matter how good a company's projects are if the management are useless and I'd argue that's evidently the case here. Have some really decent dirt to poke holes through but don't/won't. Further, any timelines/indications of mooted activity just pass without any acknowledgement & keep shareholders in the dark. Eventually the market sees through it & for RDN it's now. Arguably is a case of a microcap that exits as a vehicle to fund a living for its executive. Sentiment changed from hold to sell.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-35
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Last
3.0¢ |
Change
0.004(15.4%) |
Mkt cap ! $81.56M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.2¢ | 2.8¢ | $642.5K | 21.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 550000 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 2138443 | 11 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| RDN (ASX) Chart |