good to see all the locals have not left the pub (same posters on the thread)
Tony has been openly bullish on this for some time - the guy handled the situation well - he could have given it the big rev and the price may be 12 or 14 cents today - and there would be plenty of backslaps
likewise I doubt he would down ramp for clients to pick up the stock cheaper - the guy likes RDM - he is a class operator - I'm sure he has a lot more that just RDM to worry about and use a "no comment" ploy to down ramp - if anything it has probably worked the other way and created new interest and speculation
Given the history of the last 5 years and 12 months I think it is fair to summarise the following
. Current price is about fair market value - so it's not a bargain.
. The days of the cheapies at 6 cents are well and truly over so the short term play in it is gone
. Management do things very thoroughly - so if it is a bigger deal it will take time 3 months? 6 months ?
Looks as though patience will be required - volume on the chart is about the same so no giveaways to something new on the horizon and management do not appear to be the fast deal type
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.45M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $6.844K | 54.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40360 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 49612 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 40360 | 0.125 |
1 | 23520 | 0.120 |
2 | 17000 | 0.115 |
1 | 50000 | 0.110 |
2 | 15500 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 49612 | 2 |
0.135 | 123414 | 3 |
0.140 | 105000 | 3 |
0.145 | 90000 | 1 |
0.150 | 221068 | 5 |
Last trade - 15.48pm 26/08/2024 (20 minute delay) ? |
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RDM (ASX) Chart |