RDN 5.41% 3.5¢ raiden resources limited

Daily Discussion, page-6

  1. 5,346 Posts.
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    Oz bandit, I'm happily sitting on Rdn from 0.4c and Rdnoa from 0.2c.

    I worked out raidens worth when the Mt sholl ni mre came out.

    To me, we are still valued under Mt sholls worth, excluding lithium.

    Back a few months ago when raiden was 0.3c at 7m cap with Mt sholl resources I thought that was a stupidly undervalued capitalisation.

    As I did when Degrey had a few million ozs and was 15m cap about 4 years ago at 2c. That was pre the hemi find, but it was all there in the geology early.

    Here it is. Tail of azures pegmatite swarm. If same system same drill results basically.

    I've a very good friend that does the accounts for long term investors and pip traders. Long term traders show higher stable returns year in and out.

    You do not get your cxo, CHN, deg 1000% gains piping.
    Plus if you're an investor, over 12 months 50% profit is totally tax free.

    On big dollars, that can be 250k, 500k or more tax free money each financial year.
 
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3.5¢
Change
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Mkt cap ! $92.98M
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3.8¢ 3.8¢ 3.4¢ $761.2K 21.32M

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14 3427094 3.4¢
 

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Price($) Vol. No.
3.5¢ 230417 2
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
3.4¢
  Change
-0.002 ( 8.11 %)
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3.8¢ 3.8¢ 3.4¢ 9472136
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