RDN 4.35% 2.4¢ raiden resources limited

I find it interesting that prior to the ANN, the SP traded...

  1. 1,894 Posts.
    lightbulb Created with Sketch. 48
    I find it interesting that prior to the ANN, the SP traded between 2.6c and 3.5c. Day of the ANN 150M shares were traded on the ASX alone with a 3.4c - 4.7c spread. Approx 250M shares have been traded since listing which coincides with the number of shares issued.

    Volume grinded to a standstill, 5M cash in the bank and Rio expressing interest in getting involved a part of their acreage in Serbia, can't help but think that the potential for buyers to return still there. Currently market not pricing any of this in. Will see in the coming weeks.
    Last edited by spongebobby: 24/04/18
 
watchlist Created with Sketch. Add RDN (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.001(4.35%)
Mkt cap ! $65.25M
Open High Low Value Volume
2.3¢ 2.4¢ 2.2¢ $229.8K 10.19M

Buyers (Bids)

No. Vol. Price($)
1 50000 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 686908 3
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
RDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.