This was always going to drift lower whilst awaiting drill results.
Traders have played with RDN a lot over the last few months, but are not to the same extent at the moment as there isn't any news flow. Rock chips may ignite some interest, but at the end of the day the market wants drills results. We don't have heritage clearance yet, so still waiting for that, then drilling and then results.
This is a high risk high reward stock, but impatient people will sell and hence the share price has drifted lower.
This could continue for a few more months easily, as there is no way we will get drill results until March at the earliest.
I believe it is a reasonable entry price at 3c, with big upside potential, but be aware it MAY still drift lower.
I have topped up today
GLTAH
- Forums
- ASX - By Stock
- RDN
- Daily Discussion
Daily Discussion, page-4561
-
- There are more pages in this discussion • 2,884 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RDN (ASX) to my watchlist
|
|||||
Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $84.11M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $410.8K | 13.46M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3099916 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 1160786 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 3099916 | 0.030 |
11 | 3376068 | 0.029 |
12 | 2300473 | 0.028 |
5 | 1887037 | 0.027 |
16 | 1284306 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 1160786 | 2 |
0.032 | 1619027 | 8 |
0.033 | 649222 | 4 |
0.034 | 1132223 | 4 |
0.035 | 1286713 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
RDN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online