RDM 0.00% 13.0¢ red metal limited

RDM 2018, page-4

  1. 741 Posts.
    lightbulb Created with Sketch. 186
    Hi gazb
    what you say is absolutely correct
    RDM is a highly speculative play -- high risk, high reward.
    And for a stock like this , certain things are important, some of which we have with RDM
    One is a quality management team, peer recognized and competent, and another would be an underlying asset which effectively put a floor under the sp. Though some hc posters have indicated they don't think Maronen qualifies as this, many experts in the industry believe it does. Whom readers prefer as reliable sources of information is entirely up to them.
    Some luck is required certainly , you refer to the jv partners as mitigating that factor somewhat and that is my belief as well. RDM's projects would have to be of a certain quality to attract these sorts of jv partners in the first place, so along with you I am comfortable with my investment.
    An investment like this imo requires having some faith in your own research and backing it rather than moaning about this or that and undermining what the management is trying to achieve.
    Be realistic but positive ! Very good advice indeed, thanks for your post
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
0.000(0.00%)
Mkt cap ! $38.95M
Open High Low Value Volume
13.5¢ 13.5¢ 13.0¢ $37.43K 282.9K

Buyers (Bids)

No. Vol. Price($)
6 211558 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 8716 1
View Market Depth
Last trade - 15.53pm 28/10/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.