It’s a really good question asking about comparables…… for RNU leadership all they can do is focus on executing on their strategy and the market will decide what value to attest to their strategy and execution.
In the case of RNU in my opinion their strategy and right to play is outstanding. Their execution to date leaves me confident that they can continue to progress on key deliverables.
Call me naive but I believe the future of RNU doesn’t really matter what the market cap is in three months or twelve months. They have a long play that has them being a key player in SPG and eventually Battery Anode Production, outside of China and other higher risk jurisdictions.
As for others we are talking about a big market but I value RNU on what it will achieve, not by comparing with others.
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Last
8.8¢ |
Change
0.006(7.32%) |
Mkt cap ! $223.6M |
Open | High | Low | Value | Volume |
8.4¢ | 8.9¢ | 8.4¢ | $502.5K | 5.798M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 91481 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 7745 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 91481 | 0.087 |
3 | 135500 | 0.083 |
2 | 70975 | 0.082 |
4 | 65500 | 0.080 |
2 | 410000 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 7745 | 1 |
0.089 | 120948 | 2 |
0.090 | 89130 | 4 |
0.091 | 147244 | 4 |
0.093 | 10000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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RNU (ASX) Chart |