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
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Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $94.15M |
Open | High | Low | Value | Volume |
3.5¢ | 3.6¢ | 3.4¢ | $240.8K | 6.932M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 2043423 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 463279 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 2043423 | 0.033 |
17 | 2826250 | 0.032 |
15 | 2912652 | 0.031 |
20 | 2490509 | 0.030 |
9 | 1954856 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 463279 | 3 |
0.035 | 2730488 | 10 |
0.036 | 4973419 | 17 |
0.037 | 2994075 | 12 |
0.038 | 1275403 | 6 |
Last trade - 13.40pm 18/09/2024 (20 minute delay) ? |
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RDN (ASX) Chart |