RDM 6.90% 15.5¢ red metal limited

Sybella Benchmarking vs Peers, page-109

  1. 600 Posts.
    lightbulb Created with Sketch. 164
    Well China is trying and starting succeed breaking Australia's monopoly on iron ore and nickel so it's good to see us doing the same for rare earths
    Their usual tactic in the past was create a big demand , let other companies/countries build the mines and infrastructure, then crash the market and come in and buy cheap the distressed companies. But I think the world is waking up to this. I am just waiting for when they crash the RE market. Or do they now know that we know and will avoid it this time? The Australian companies will have to do long contracts for set prices to be sustainable.
 
watchlist Created with Sketch. Add RDM (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
0.010(6.90%)
Mkt cap ! $46.44M
Open High Low Value Volume
14.5¢ 16.0¢ 14.5¢ $43.30K 283.0K

Buyers (Bids)

No. Vol. Price($)
2 210000 14.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 74401 3
View Market Depth
Last trade - 15.44pm 26/07/2024 (20 minute delay) ?
RDM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.