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An announcement from Raiden Resources Limited ( (AU:RDN) ) is now available.
Raiden Resources Limited has notified the market of the cessation of a tranche of listed options as part of its routine capital management disclosures. A total of 20 million RDNAK options, exercisable at $0.05 and expiring on 18 January 2026, lapsed unexercised on their expiry date, resulting in a reduction of potential dilution from convertible securities for existing shareholders.
The most recent analyst rating on (AU:RDN) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Raiden Resources Limited stock, see the AU:RDN Stock Forecast page.
More about Raiden Resources Limited
Raiden Resources Limited is an Australian-listed company on the ASX under the code RDN. The announcement relates to its issued capital structure and management of listed options, reflecting standard activity for a securities-issuing public company.
Technical Sentiment Signal: Sell
Current Market Cap: A$17.25M
Find detailed analytics on RDN stock on TipRanks’ Stock Analysis page.