"PATIENCE IS A VIRTUE"
Once all the short sellers and Day traders disappear then you will see RNU go to its true SP circa AUD$0.50c minimum before any mining has commenced. Please keep in mind RNU has had a fantastic run since the beginning of the year (Please see Graph below). It's only healthy before the next stellar run to see a slight correction in SP. Unfortunately we are living in a day and age where you have a lot you young and inexperienced day traders that only think very short term and unable to foresee the TRUE long term picture with RNU in fact I'm guessing a lot of them probably have no Idea as too what Graphite actually is and how important and significant it is for Lithium Ion battery production. Graphite is the most important and Preferred Anode and is the highest single used composite in an actual Lithium Ion Battery that's how significant Graphite is for Battery production.
lithium Ion Battery Composition: Graphite is 22% of the composition
With RNU and it's huge and unique Battery grade Graphite deposit right here in Tier 1 Mining Australia and those 3xMOU agreements signed off with some of the largest battery producing companies in the world RNU has not even reached 1/10th of it's true value especially once mining has commenced and the Production of it's planned PSG Graphite production plant has been fully developed, The sky will be the limit for RNU and it's long term share holders!.
If Ecograf and Magnis Resources have there Graphite Mines in dodgy and Corruptible old Africa especially - Chinese controlled Tanzania and they are both trading @$0 .37c+ RNU should be easily @$0.65c at this point of time because it has 10x the potential of those 2 companies put together and RNU has it's MINE RIGHT HERE IN AUSTRALIA! RNU doesn't need any selling it sells itself. Once your more long term, avid , serious and experienced Traders Do there own research RNU will explode as it rightfully should! And Technically it has already exploded since early January where it was @ $00.01c that's 970% increase since January too todays current and very undervalued SP! I can only assume that the earlier investors @$00.01c are cashing out as they have already banked huge profits but once they disappear RNU will explode in SP value again it will only be a matter of time and It won't be to far away.
"ROME WASN'T BUILT IN A DAY"
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Last
8.0¢ |
Change
0.001(1.27%) |
Mkt cap ! $203.3M |
Open | High | Low | Value | Volume |
8.0¢ | 8.1¢ | 7.8¢ | $140.9K | 1.776M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 363660 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 316229 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 325686 | 0.079 |
8 | 622779 | 0.078 |
20 | 1131138 | 0.077 |
14 | 637725 | 0.076 |
20 | 833672 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 316229 | 3 |
0.081 | 539530 | 4 |
0.082 | 1000000 | 1 |
0.083 | 200000 | 1 |
0.084 | 315932 | 6 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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RNU (ASX) Chart |