Impetuous,
Raiden is now 14m cap with 16m cash.
So a negative valuation of 2m.
Projects valued at minus 2m.
Generally we do not see companies valued at less than there cash with no real debts.
Raiden was worth more when it had no cash and no Andover exposure.
The selling is relentless, but for every seller, there is a buyer taking these shares now for less than cash value.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.97M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $5.879K | 1.063M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 80 | 48899276 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 8738785 | 15 |
View Market Depth
| Last trade - 13.08pm 17/06/2025 (20 minute delay) ? |
| RDN (ASX) Chart |