First post, don't hate too much. I was hoping someone could help me understand current SP. All 300 rock chips have been analysed with good results. Strong likelihood of good depths considering proximity to AZS. But for some reason there's poor sentiment leading to low SP, presumably from lithium overall with expectations of it to drop, and global concern over recession. Management is good and exploration isn't costing too much, so the company isn't the cause for the recent dip. If nothing has changed and RDN is still deserving of 4-5c, doesn't this just mean RDN is selling at a bargain right now? What am I missing that people think 2.3c is fair value? Appreciate the general advice.
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First post, don't hate too much. I was hoping someone could help...
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Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $123.0M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.2¢ | $301.0K | 7.013M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 3507319 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 1781680 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 3507319 | 0.042 |
13 | 1448642 | 0.041 |
13 | 2403839 | 0.040 |
11 | 2078483 | 0.039 |
6 | 1832000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 1781680 | 6 |
0.045 | 2225817 | 10 |
0.046 | 2490151 | 10 |
0.047 | 2251529 | 5 |
0.048 | 1563028 | 9 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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RDN (ASX) Chart |