Looks like 10c was a psychological barrier in the price. Lot of fear here. It's almost like Evs and electrification of everything has been cancelled.Analyst prices derived from manipulated China market, not even the place we will be selling to. Let's see where the USA, Asia, Europe gets their graphite from if not from China.
If rnu today was where is was 3 years ago id be a bit concerned, although progress has been relatively slow, we at least have the cash in the bank. Of course id like to see graphite prices be high and rnu printing cash today, but it isn't the case. We wait a bit longer. Unless you think electrification will flop, I find it hard to believe that rnu will not succeed.Gl people holding
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Last
9.2¢ |
Change
-0.006(6.12%) |
Mkt cap ! $233.8M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 9.8¢ | 9.0¢ | $361.7K | 3.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 104142 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 147130 | 8 |
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| Last trade - 13.43pm 13/09/2024 (20 minute delay) ? |
| RNU (ASX) Chart |