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NashIE

990 Posts.

62

10/05/21

19:12

Post #: 53074455
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Originally posted by Cadel: ↑

I haven’t been watching the intra day trading closely for a while, but decided to today since I believe we at at or very close to the bottom and wanted to buy more. It is definitely being manipulated. How many tiny trades kept pushing the price down to 7.3c? The fact that is was always just a few trades shows it is not serious selling, but someone trying to scare people hoping they sell into it. Looks like it has worked. When they can’t get it any lower they will let it go up or do the same on the way up.

Any interest from POSCO will be interesting. They paid GXY well for the south of SDV but got PLS at a good price for them. We could do worse then get into bed with them, but would hate to sell too much. It would be interesting to see who bought the $15 million in the credit raise. Anyway RNU is not desperate and will not give too much away since both investors and management know what this will be worth one day. I dare say the old land holders are not helping, they seem to sell at any price with no thought of what it is doing to the share price.

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Yep the price action today is what attracted me to grab some more.

RNU Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $180.4M

Open	High	Low	Value	Volume
7.2¢	7.3¢	7.0¢	$97.71K	1.364M

Buyers (Bids)

No.	Vol.	Price($)
3	111565	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	299744	7

View Market Depth

No.	Vol.	Price($)
3	111565	0.071
37	2983915	0.070
8	520115	0.069
8	624695	0.068
6	734563	0.067

Price($)	Vol.	No.
0.072	299744	7
0.073	9400	1
0.074	435667	5
0.075	243148	5
0.076	564392	5

Last trade - 16.10pm 06/11/2024 (20 minute delay)

RNU (ASX) Chart