RDN 0.00% 3.4¢ raiden resources limited

RDN Charts, page-5

  1. 5,355 Posts.
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    Cheeky,

    Buyers at 1.1, 17.2m shares, 34 bids, average 505k
    Buyers at 1.2, 11.3m shares, 29 bids, average 389k

    Sellers at 1.4, 9.2m shares, 15 sells, average 613k
    Inc. 2m and 1.4m
    Sellers at 1.3, 13.5m shares, 12 sells, average 1.1m
    Inc 7m.

    The sell side is less sellers with larger orders inc a capper of 7m shares.

    The direction will be determined by early li recon at Mt scholl, roebourne north and arrow.

    If lithium turns up price will go up.

    If we go back to the 0.3 area. They did a cr before the MRE which I believe held the sp down.

    That mre was good because it was based on twinning where assays were a bit higher than historic ones.

    The recent ground from welcome, shares to be issued are close to 0.9c, 200% above the cr.

    The initial results on li from roebourne south were a week after they announced the deal, as they were assayed, that means they had taken samples before announcing that.

    Possible they did samples in other areas. Harder at roebourne north as its under transport cover.

    Rdn to me is being capped, if we look at 1.5c.
    Total sells 9.3m shares, Inc 5.7m shares.

    If we remove the 2 big orders. 7m and 5.7m, nett sells drop from 42m shares to 29m shares.

    I am an early investor 0.4 on Rdn and 0.2 on Rdnoa and will not hit the sell button because positive li will cause a rerate I feel.

    As Rdn is up 300% from cr, naturally there maybe some profit taking as there still maybe a little cr overhang.
 
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Change
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Mkt cap ! $90.32M
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Buyers (Bids)

No. Vol. Price($)
4 183602 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 4 1
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Last trade - 09.46am 03/05/2024 (20 minute delay) ?
Last
3.4¢
  Change
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3.4¢ 3.4¢ 3.4¢ 32000
Last updated 10.07am 03/05/2024 ?
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