RDN showing first signs of finding support.Maybe too early to call, but is showing some good signs and ones I would expect to see. Respecting the 2c price that capital was raised at prior to reinstatement. Think some people will still be wary of it, but thinks it's good value for a modest turnaround down at these price.
Disclosure I hold some. DYOR, no Lambos guaranteed, and all that. And I am notoriously early when it comes to calling reversals.
Due diligence is due to be completed by Rio Tinto on the deal within a month on their JV.
IVX trade ideas
IVX at a point of resistance.ASX:IVX has found some tough overhead resistance meeting it's strong volume, failing several times in short succession to push on. This looks a case of somethings gotta give. It is trading well above where it was only a few months ago, and the buyers may very well be unable to punch through. Perhaps some of the resistance is coming from all the way back in 2014.
It is going to find it tough to carry on it's run, but I'm not going to write it off just yet.
