And like with all stocks, entry and exit points are the only thing holders can control. Even fundamentally sound companies with good management are not in control of their respective sp - in my view their job is to manage company issues not market gyrations.
At company level if milestones are met then eventually some in the market will drive prices in hopefully holder's desired directions as share prices just like commodities are dependent on supply/demand. Add in perceptions, FOMO and all chartist charting skills and the often seen pump and dump scenarios. Mind you, some want as cheap as prices as possible as they sit on the sidelines and are happy to enter when deemed as low enough. Converse is true if one heads for the exit.
Even at current sp levels, RNU itself has had a good run up since Oct last year for those savvy enough to buy in back then. As is often the case, I came a tad too late having bought in at much higher levels. However, sp may get a bit of a boost once some further positive news is released but to what levels is beyond my paygrade - as you can see from previous posters with their perceived figures or even analyst researchers, there are no guaranteed certainties.
Meanwhile as you say, the market will do as it always does - it's own thing - that thing being: fluctuate.
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Last
9.8¢ |
Change
0.003(3.16%) |
Mkt cap ! $249.0M |
Open | High | Low | Value | Volume |
9.4¢ | 10.0¢ | 9.4¢ | $563.9K | 5.816M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 78436 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 107610 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 78436 | 0.097 |
1 | 55602 | 0.096 |
3 | 87580 | 0.095 |
3 | 132390 | 0.094 |
2 | 80000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 107610 | 1 |
0.100 | 914162 | 13 |
0.105 | 1065515 | 20 |
0.110 | 1914232 | 11 |
0.115 | 159271 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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RNU (ASX) Chart |
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