RNU 0.00% 8.8¢ renascor resources limited

General Discussions, page-27977

  1. 110 Posts.
    lightbulb Created with Sketch. 67
    I really liked the information given in this analysis. Talks about the battery metals space around 2/3rds into the video. We are definitely in a gut wrenching place at the moment but when the turnaround comes and surely it will, we will be looking at a very decent place to be invested. It is a waste of time and shows complete ignorance to bagging DC and RNU at a time when the whole sector has been a disaster. As the analysis suggests there is a high probability of Chinese manipulation behind the scenes and this cannot last forever. I’d love to hear a discussion on what would be a good solid early indicator of a sector turnaround because who really wants to be gambling by trying to catch the proverbial “falling knive” in a sector bear market like this. With plenty of money in the bank and a world class deposit RNU will be in an amazing position to take maximum benefit when the tide turns but it isn’t going to buck the trend of what’s been happening without the overall sector turning upwards. Given our cash position I think there are positives to be taken from the fact that no binding agreements have been signed thus far. Binding agreements and being in production by SYR certainly havnt done them any favours and down 82% in the last 12 months. SYR is certainly on my watch list together with more of RNU when the time comes to pull the trigger and we see a reversal.
 
watchlist Created with Sketch. Add RNU (ASX) to my watchlist
(20min delay)
Last
8.8¢
Change
0.000(0.00%)
Mkt cap ! $223.6M
Open High Low Value Volume
8.8¢ 9.0¢ 8.6¢ $566.7K 6.412M

Buyers (Bids)

No. Vol. Price($)
2 27218 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 271318 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RNU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.