RDM 6.90% 13.5¢ red metal limited

75M MMA shares. The shares are escrowed until April 19 2024. So...

  1. 3,001 Posts.
    lightbulb Created with Sketch. 1117
    75M MMA shares. The shares are escrowed until April 19 2024. So the bottom line is that they either do a cap raise to continue drilling the REE discovery or hold off until they sell some MMA shares. Or JV the REE discovery. Take your pick. They did say that they were looking into applying for critical metals funding but that won't happen in the near future, I suspect.
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
13.5¢
Change
-0.010(6.90%)
Mkt cap ! $40.45M
Open High Low Value Volume
14.5¢ 15.0¢ 13.5¢ $18.84K 132.9K

Buyers (Bids)

No. Vol. Price($)
3 168038 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 75000 2
View Market Depth
Last trade - 15.48pm 09/08/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.