RDN 1.96% 5.0¢ raiden resources limited

How come they didn't predict the price to collapse from over...

  1. 4,108 Posts.
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    How come they didn't predict the price to collapse from over 70kg down to 14kg.as actually happened.
    How many of the hundreds of companies who piled into lithium exploration in the good times are now near all time lows some off 70 to 80%.
    Just like RDN you're all hoping the price rises and that is not a strategy i use for investing.
    Confirmation of a turnaround nowhere in sight in the last 6 months so if your not in production or close to it your hopes are dim.
    PLS took near 9 years from discovery to production and that's the quickest yet.
    How many shares on issue will RDN have after a 5 year drilling campaign.
    2656.59 million current SOI Your mkt cap is 98 million on what exactly rock chips and nearology overpriced already.
    Debt to equity -7.51% so if you get to 37 cents your going to be a billion-dollar company sorry your dreaming.
    Read all the fluff pieces you like mate i prefer facts and my own research.

 
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Mkt cap ! $130.1M
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5.0¢ 5.2¢ 4.9¢ $412.5K 8.169M

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10 1475000 5.0¢
 

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Price($) Vol. No.
5.1¢ 1280580 4
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Last trade - 13.06pm 16/05/2024 (20 minute delay) ?
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