RDM has $1.9M cash. MMA controls the balance. RDM still significantly under priced having MMA shares and cash valued at $25M and current market cap of $18.7M at today's closing price of 8c.
From the latest cashflow report.
The total Red Metal Group cash and cash equivalents at 30 June 2022 of $14.9 million comprises cash
and cash equivalents of (i) Red Metal Limited (parent) of $1.9 million; and (ii) Maronan Metals Limited
(50% owned subsidiary) of $13.0 million
When?, page-6
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Last
13.5¢ |
Change
-0.010(6.90%) |
Mkt cap ! $40.45M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 13.5¢ | $18.84K | 132.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 168038 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 75000 | 2 |
View Market Depth
| Last trade - 15.48pm 09/08/2024 (20 minute delay) ? |
| RDM (ASX) Chart |