I have calculated that for every 4c move in the MMA share price...

First 6 Last

Share
Profile

Follow
PhillW

3,168 Posts.

1267

19/02/25

10:48

Post #: 77922685
Share

Originally posted by precis: ↑

if you do the maths we own 44% of MMA. If MMA goes up say 10c that would amount to 4.4c for RDM, except that there are roughly 200 million shares in MMA and 360 million shares in RDM. So 4.4c x 200/360 = roughly 2.5c. On the current increase to near enough to 30c we could have expected RDM to be over 13c by now. That RDM hasn't moved ignores MMA. I agree it's a strange beast, the more so given we hit 23c on news 12 months ago and we are a lot further down the track now. Roll on the pH optimization tests and further leach tests. I also note the last RDM announcement is definitely taking steps to an indicated resource. From all this, I interpret the market response to mean, RDM is on it's own until MMA does a feasibility study. Well it hasn't responded so far so what else could this lack of response mean? That it remains a very cheap buy at the moment hasn't really affected the market on the buy side, and on the sell side. One wonders why sellers keep lining up.

Expand

I have calculated that for every 4c move in the MMA share price that it would equate to roughly 1c increase or decrease in the MMA valuation per RDM share.

RDM Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

RML

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Close: How a megadam in Tibet pushed us into the red

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

FBU

Fletcher Building 'exploring options' around construction division sale

CIA

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 12.5¢		Change 0.005(4.17%)		Mkt cap ! $44.95M

Open	High	Low	Value	Volume
12.0¢	12.8¢	12.0¢	$50.49K	406.0K

Buyers (Bids)

No.	Vol.	Price($)
1	46785	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	315199	5

View Market Depth

No.	Vol.	Price($)
1	46785	0.125
6	122637	0.120
9	444352	0.115
12	780039	0.110
4	224498	0.105

Price($)	Vol.	No.
0.130	315199	5
0.135	300989	9
0.140	223872	3
0.145	307931	3
0.150	21951	3

Last trade - 15.57pm 22/07/2025 (20 minute delay)

RDM (ASX) Chart

I have calculated that for every 4c move in the MMA share price...

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Close: How a megadam in Tibet pushed us into the red

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Fletcher Building 'exploring options' around construction division sale

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I have calculated that for every 4c move in the MMA share price...

Top Stories

Resolution Minerals appoints industry experts to fast-track US growth strategy

ASX Market Close: How a megadam in Tibet pushed us into the red

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Fletcher Building 'exploring options' around construction division sale

'Share long-term visions': Champion Iron rallies on mooted Nippon, Sojitz partnership

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News