RNU
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2.25% 8.7¢ renascor resources limited

General Discussions, page-26349

  1. pc3
    2,301 Posts.
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    29/10/23
    11:11
    Post #: 70598155
    Lies while I’d prefer no more dilution. If you look at PLS they have circa 3.1B (maybe higher?) so we could cope with a little more and so ok……no expectations on performance but I think FMG has circa 4B shares on issue, so it is possible to do ok with circa 3B shares.

    We do already have a good whack of cash at bank along with that $185M Fed facility….hopefully the US inflation act programs might throw some $ RNU’s way and help curb further dilution.
    RNU Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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