RDM 0.00% 13.0¢ red metal limited

Good comments. Also would be a benefit to have RDM ownership sub...

  1. 271 Posts.
    lightbulb Created with Sketch. 197
    Good comments. Also would be a benefit to have RDM ownership sub 50% (like the 49.7% you've estimated) so that the quarterly cash flow statements don't include MMA's cash position and expenditures. Makes it easier to understand where RDM itself sits on cash position and burn, which can only help potential investors doing their due diligence.

    I'm sure MMA won't have any issues raising capital, their share price is doing remarkably well given everyone is talking about them raising soon (usually results in traders selling to back up cheaper in the cap raise), plus with their low free float this raise is one of the few opportunities for larger investors to build a sizeable position in MMA.
 
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
13.0¢ 13.0¢ 13.0¢ $13.05K 100.4K

Buyers (Bids)

No. Vol. Price($)
1 1744 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 105000 3
View Market Depth
Last trade - 15.46pm 16/08/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.