Ann: Trading Halt, page-60

Predicting a precise post-announcement share price for Raiden Resources (RDN) is speculative and depends on several factors, including the strength of the results, market conditions, and investor sentiment. Here’s an analysis based on historical trends and potential outcomes:Current Price & Sector Trends:RDN's recent trading price and performance in the critical minerals sector suggest that a positive result might attract speculative buying. Lithium-focused stocks often experience significant short-term gains on promising drilling results.Price Movement Estimate:For junior exploration companies like RDN, strong lithium results could drive gains in the range of 20%–100% or more, depending on the magnitude of the discovery and market reaction. For instance:A minor but positive result might push shares 10%–30%.A significant result indicating world-class potential could see shares double or more, aligning with moves seen in similar lithium explorers.Benchmark Comparisons:Comparable ASX-listed lithium explorers have surged following high-grade discoveries. For example:Liontown Resources (ASX: LTR) saw substantial price increases when announcing positive results and securing offtake agreements.Similar juniors with substantial lithium results often spike sharply but may face consolidation as the market evaluates long-term viability.Example Calculation:If RDN was trading at $0.01 before the halt, a 50% increase would lift it to $0.015. Stronger results with significant resource potential could push it to $0.02–$0.03 over time, especially with follow-up announcements or further development plans.Key Takeaway:While the immediate post-announcement price could jump significantly, the longer-term trajectory will depend on the detailed results, the project's scale, and broader lithium market dynamics. Keep monitoring the ASX announcement and sector news for clarity.