RDN raiden resources limited

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0.4¢

Because we are a speculative explorational mining company and we...

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JarJarDrinks

289 Posts.

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29/10/24

13:10

Post #: 76353312
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Originally posted by Hereishoping: ↑

I must be dumb, Can you provide evidence of this fact,.

Speculative buy is evidence of why there is more chance of nothing than something.

I really don't get the hold out strategy, sure you make money, but in the grand scheme of things is not material, buying at .31 or .325 using $10k as an example would land you about $4.5k and more at a sell price of .45c (give or take based on tax bracket and length of hold, but assuming this would be sold off before your 12 mong CGT reduction would kick in).

Your choice, but seems like a strange strategy when we know there is news in the pipe. Wouldn't be as strange if you said you wanted more information on the drill results, but the fact you are prepared to buy eliminates that risk appetite concern about RDN fundamentals and you are just trying to improve margins

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Because we are a speculative explorational mining company and we have no idea what is in the ground.

Nearology plays (like we are) don't always work out.

Yes, RDN has massive potential. However, RDN investors should be cautious because nothing is guaranteed and we could lose it all.

RDN Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $13.80M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$30.16K	7.387M

Buyers (Bids)

No.	Vol.	Price($)
85	49580103	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	17688676	19

View Market Depth

No.	Vol.	Price($)
79	46040603	0.004
39	35008156	0.003
14	26357501	0.002
8	32400001	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	14112777	17
0.006	16249002	26
0.007	18059066	30
0.008	8873282	10
0.009	6900000	4

Last trade - 16.10pm 27/06/2025 (20 minute delay)

RDN (ASX) Chart

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