The post BAM sp in an interesting question, id be keen to hear other peoples thoughts on this. Around PEPR time i was certain a rerate of around 40c was reasonable, but the subdued response since then makes me less sure. At the end of the day retail is just cannon fodder for instos, they have more resources and knowledge on stocks than any of us could possibly compete with. I try to mitigate my my excitement for any stock with this in mind. So it persistently sitting at around 20c post PEPR leads me to think that there's a lot i'm not seeing that they are, so post BAM rerate or even off takes, might not be that significant. I could be wrong of course and just paranoid from the long wait, i hope i am.
I'd be keen to hear any sober opinions on this to sense check my thinking. Also, SP isn't the main game with RNU, it doesn't have the hype of lithium for huge CGs. We wont really have a clear idea till after BAM, but has anyone done any calcs the potential divis are per share?
RNU Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
