RDN raiden resources limited

In my opinion, RDN is now the kind of stock where if you are...

  1. 289 Posts.
    lightbulb Created with Sketch. 53
    In my opinion, RDN is now the kind of stock where if you are deciding to hold after everything that has happened, you just need to put it in the bottom drawer and try not to think about it. A lot of investors such as myself have accepted the loss and cashed out because we feel that this has further to fall and is overvalued now that it looks like Andover lithium is not viable. There is no point torturing yourself by following this forum daily and looking at (for example) the SP movement for signs of 'manipulation' on a constant basis.

    I'm not suggesting becoming blind but I genuinely think that some of the holders here need to protect their mental health and take better care of themselves. If you are holding, just wait and see what happens. The only thing that will save RDN now is time, time that may see a discovery at Andover or something exciting happening at RDN's other projects.

    The thing I've noticed in this thread over the last few weeks is the paranoia, illogical/irrational comments and aggression towards other posters. It is obvious that a lot of people have a lot of money invested and are rightfully concerned about their investment and feel cheated, scared or angry. That is fair. But the thing is, we cannot change or control anything. Stop being so hard on yourself, you were trying to make your life better. Understand that you are grieving, but don’t allow yourself to hate yourself for having good intentions. Identify the mistakes and move on, but find a way to let it go. Don’t hold a grudge against yourself.

    Ultimately, it comes down to three options: buy, sell or hold. Make your choice and don't let it eat away at you. If you have invested and are feeling burnt, do not let it consume you. Either hold and forget (while coming to terms with the high probability this is not turning around), or sell and move on with your life (while coming to terms that you made an investment mistake but that is OK).

    Wishing all the best to the people of this forum and I hope you all have a merry Christmas.

    I'll poke my head in after the next annoucement.

    Jar Jar Drinks

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.5¢
Change
-0.001(9.09%)
Mkt cap ! $17.25M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $226.8K 45.10M

Buyers (Bids)

No. Vol. Price($)
1 4941252 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 25298599 28
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
RDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.