RNU renascor resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-20

  1. 2,460 Posts.
    lightbulb Created with Sketch. 2529
    Much like a few here have speculated I am interested to see what tomorrows update is about.

    Last time I recall jumping on one of these DC was explaining to holders why the BOD decided to raise cash at such time that they were telling the market that they were well funded.

    So I just have a gut feeling that tomorrow pre market the company will be placed into a TH and we will receive news about the next stage of development.

    I do not expect a cap raise but I do expect that they are likely to bring in a major global player who will provide substantial financial support in return for equity.

    I think this will then derisk this completely opening the door to FID.

    All the shorts are out, the selling has reached but a trickle so much so that my last order to buy at 7.1c has been sitting there for days and days.

    Either way I firmly believe we will be looking back at the time we could have bought as many as we wanted in the 7's.

    Good luck to holders, see you tomorrow at the investor webinar.

    10x
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.5¢
Change
-0.001(1.79%)
Mkt cap ! $139.8M
Open High Low Value Volume
5.6¢ 5.7¢ 5.4¢ $210.6K 3.807M

Buyers (Bids)

No. Vol. Price($)
1 92877 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 190000 1
View Market Depth
Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
RNU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.