RDM 3.70% 14.0¢ red metal limited

A "double", as @PhillW nominates as a hypothetical temptation,...

  1. 7,778 Posts.
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    A "double", as @PhillW nominates as a hypothetical temptation, would certainly attract some takers, but if a suitor waits for further met test results and favourable resource expansion drilling results, we'll be there (or should be there) in a flash anyway.

    A buyer would have to offer much more for RDM than that! It's only about 35c/share and as you and others have stated here already, between RDM's own prospects, but in combination with its MMA ownership, 35c wouldn't come within cooee. 3 times that would still be a spectacularly good punt for a big mining house .... and that's without any further results.
    ... With good results from either or both camps ... and go 3 times at least, again!

    I'm not sure of the mechanisms a company (can) employs to deflect unwanted takeovers, but I daresay the brains trust is onto it.
    Last edited by Kipper01: 23/03/24
 
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Mkt cap ! $41.93M
Open High Low Value Volume
14.0¢ 15.0¢ 14.0¢ $8.547K 58.73K

Buyers (Bids)

No. Vol. Price($)
1 75000 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 68158 4
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Last trade - 11.59am 19/06/2024 (20 minute delay) ?
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