Nobody can predict this with certainty. 1 strong day of trading doesn't mean we are out of the woods from the cap raise.
The 30th is the logical day to see this tested, given the opportunity, will these new shares that offer a potentially greater than 20% return be dumped?
I've had stock of mine go through CR about 10 times now, invariably there is some pullback as instos take some money, even if not all.
RNU is a great stock with great potential, but let's not get ahead of ourselves.
Potential SP, page-250
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.7¢ | $617.0K | 6.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 179243 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 862498 | 14 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| RNU (ASX) Chart |