RDN raiden resources limited

hi mate, I’m not a fan of RDN right now. however under 1c I...

  1. 1,619 Posts.
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    hi mate, I’m not a fan of RDN right now.

    however under 1c I might have to think about topping up.

    $15 mill cash
    $15 mill worth of property
    = $30 mill cap

    1c =$30mill cap.

    hoping there is an over reaction to 0.008c or below… as much as I don’t want to throw more money is this not some value at $23 millish?

    I don’t see it sinking substantially lower in the meantime unless there is zero activity till March / April to burn through the cash stack.

    interested if there is a price you would buy?
    Last edited by Stockholm: 05/12/24
 
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(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $13.80M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $102.6K 21.80M

Buyers (Bids)

No. Vol. Price($)
50 37942227 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3127553 4
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
RDN (ASX) Chart
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