I am heavily debating whether or not to buy some RDNO. Struggling to see the value however as buying them at their current price already puts you at a loss given the deadline approaches and the convert button needs to be hit. RDN would need to hit 5c just for us to break even on these shares.
I believe RDN will hit the breakeven mark but whether it is worth the risk at the moment makes me think it would be simpler to buy the share itself and not RDNO.
RDNOA is a different story however. Makes much more sense. Any thoughts?
I am heavily debating whether or not to buy some RDNO....
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $84.11M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $410.8K | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3099916 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 1160786 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RDN (ASX) Chart |