RNU 0.00% 8.1¢ renascor resources limited

General Discussions, page-30790

  1. 1,471 Posts.
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    Always these discussions when price drops a bit. It's almost like people trying to put a negative spin on things after they sold out to make a few pips.
    Some impatiimpatient holders selling out a few M shares it's a drop in the ocean. Not many selling now have made a profit,. Unless they picked up a heap of shares under 8c a few mo this ago or bought a couple of yrs ago, there's not much point selling at these levels and that's what we see. Sure you could put your money into other stocks that have been battered like the rest of the sector, but when the tide rises it will be pretty similar result imo. With cash in the bank, you can't go too wrong here. Lots of explorer plays have been absolutely massacred and will get reamed hard once it comes to getting funding when things turn around imo. At that point the bigger fish will be trying to swallow them and then (imo) they will get manipulated and screwed.
    In the end, the risk here is that natural graphite won't have a significant part of electrification, and that's the bet you have to make. I think it will, if you don't, then that's fair enough, you'd better bail
 
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Mkt cap ! $205.8M
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8.3¢ 8.3¢ 8.0¢ $240.7K 2.980M

Buyers (Bids)

No. Vol. Price($)
2 17000 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.1¢ 117618 2
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