I think that the biggest concern is that RDM will need to raise cash sometime next quarter. MMA shares are not performing, so the option to raise cash via a sell down in MMA is looking less likely, especially with the low trading volumes. If silver is able to breakout above $32.50, then that changes the outlook considerably. Silver is still $2.20 below its prior high and the MMA 30c options expire in 36 days. It may even be bullish for MMA if they expire out of the money because of less dilution. MMA have plenty of cash.
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I think that the biggest concern is that RDM will need to raise...
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $32.96M |
Open | High | Low | Value | Volume |
10.0¢ | 11.0¢ | 10.0¢ | $9.303K | 85.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 584659 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 487749 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 577159 | 0.100 |
1 | 10000 | 0.098 |
1 | 31260 | 0.096 |
5 | 101305 | 0.095 |
2 | 16500 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 487749 | 7 |
0.115 | 232401 | 2 |
0.120 | 189200 | 2 |
0.125 | 291666 | 2 |
0.130 | 101284 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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RDM (ASX) Chart |