RDM 4.55% 11.5¢ red metal limited

Unloved, page-39

  1. 1,937 Posts.
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    This dip most likely the result of selling by investors who bought in the expectation of a positive result from Lawn Hill, which probably includes some investors in the November 2017 placement. Share price does not seem to have dipped below the placement price of 14c. At the moment, seems to be in more of a consolidation phase trading in a tight range. Good news would be handy but otherwise seems well supported at current levels and due for a bounce.
 
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