Cap raise doesn't concern me to be honest.
I've held both CY5 and RML that launched raises and watched LRS yesterday to start gold exploration.
LRS 0.5c raise now 1c
CY5 4.5c raise now 19c
RML 5c hit 15.5c
All up more than 100% from raise price.
RML is probably the closest comparison here. They drilled next door to NST Pogo an ran up to a $40M market cap on anticipation.
RNX will drill 3,200m next to NST Jundee this quarter. They should get similar buy up as RML did.
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $4.509M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $3.711K | 1.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 30196493 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12259998 | 3 |
View Market Depth
| Last trade - 14.20pm 25/07/2025 (20 minute delay) ? |
| RNX (ASX) Chart |