Welcome to 2016. Hope y'all had a good break and enjoyed a few frosty ones.
Yep... the holding pattern persists into 2016 and we still be cheap (IMHO) provided standard disclaimers around overall risk tolerance and the company's desire for short term capital preservation in the current environment agree with an investor.
Looking forward to 2016's developments on all things RDM.
I'll depart with a quote from a book I just finished tonight:
"The value of resource projects change dramatically as you take them from one stage to another. One day it's zero and the next day it's a very large number. It's the nature of the business".
Given that the value of Maronan could be improved if you parked a second hand Tarago on the top of it, in 2015 and now in 2016 I have often felt comfortable pushing a trickle of chips at RDM. Cheers
Happy New Year
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $49.41M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $17.75K | 109.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 78908 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 169099 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| RDM (ASX) Chart |