RDN 0.00% 2.9¢ raiden resources limited

Ann: Raiden enters strategic partnership with FQM at Mt Sholl, page-107

  1. 101 Posts.
    lightbulb Created with Sketch. 18
    not sure if anyone does this if the account is in the red. ?
    for example- you have 500k shares are 5 cents. The price then drops to 3 cents. Would you buy say another 200k at 3 cents shares to bring the average down to around 4 cents(thereabouts) . Then when the share price fluctuates to 4 cents. Sell the same value($) which you used to buy the 200k shares. Makes sense? So in effect u have lowered the average share price using $ just by buying n selling at one price( say 4 cents) the only expense here is the broker commission.
 
watchlist Created with Sketch. Add RDN (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $79.00M
Open High Low Value Volume
2.9¢ 3.0¢ 2.9¢ $134.8K 4.632M

Buyers (Bids)

No. Vol. Price($)
10 2080044 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 2761503 7
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
RDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.