OK I get your drift, but at the end of the day the share price is a reflection of the market cap. Analysts will work out what they believe a company to be worth and buy if they believe it is undervalued and sell if overvalued. Whatever % equity is sold, is the % of profits that they will receive so it must cause a dilution. In saying that having less shares available to be traded may mean people need to pay more if they want in.
Someone requested a top 20 shareholder report from RNU, sorry can’t remember who. That will be very interesting. I would love to know from which countries the investors are coming from also. Has RNU finally hit the radars of Aussie investors or is this seen as a globally significant project and hence hit the radars of global investors. Some companies do those nice little pie charts to show where the investors are coming from.
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Last
9.8¢ |
Change
0.005(5.38%) |
Mkt cap ! $249.0M |
Open | High | Low | Value | Volume |
9.5¢ | 10.0¢ | 9.3¢ | $831.2K | 8.461M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 25900 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 0.098 |
2 | 200459 | 0.097 |
2 | 311984 | 0.096 |
2 | 197316 | 0.095 |
1 | 100000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 100000 | 1 |
0.105 | 907850 | 16 |
0.110 | 416458 | 12 |
0.115 | 434777 | 8 |
0.120 | 2135199 | 13 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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RNU (ASX) Chart |