Well we are down in the discount zone with rdn sp which extends from 0.201 to 0.023 cents. It's disappointing nothing positive has been reported to the asx since 20 May relating to the final heritage report. However, the levels in sp at the moment represents a good buying opportunity when you factor in the future uptick in the lithium price, but I've read some reports that may not happen until 2028 which is bs, China will bounce back well before then imo. But the main thing I wanted to say is that I believe sp is reasonably well protected under 0.021 cents because there is a bullish fair value gap created in September 2023 which extends right up to 0.021 cents. Price will be well supported above the 0.021 cents level. Now all I have to do is place a buy order myself at these levels. (I trade the currency market & silver gold price now, so I don't come on much to hc, but I'm still following rdn and amassing shares, I hope everyone is well & not doing it to difficult in this difficult market we are in).
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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 |