This post makes no sense... So because the SP has deflated and the volume is less than before, you claim it will never go past 10c? I'm sorry, but how does this make any sense? I am genuinely curious.
If something is found that brings value to the company, then the SP will reflect it. It does not matter if the SP wasn't higher before...
If RDN finds something worth $2bill (Not likely, but just for explanatory purposes), then the SP will reflect this.
That is like saying AZS shouldn't have received a $3.7 BO offer because they traded at $2.05 in October...
If RDN finds something comparable to AZS, then yes, 100% it is possible. Why wouldn't the SP trade above 10c?
DYOR & GLTAH
This post makes no sense... So because the SP has deflated and...
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $65.25M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.4¢ | $42.55K | 1.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 2187472 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 705833 | 7 |
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| Last trade - 12.27pm 25/07/2024 (20 minute delay) ? |
| RDN (ASX) Chart |