Australia's largest stock trading and investment forum Australia's #1 stock forum

RNU

Click for more information

4.26%

9.0¢ renascor resources limited

20 cent Party, page-12

First 12 Last

Share
Profile

Follow
oracleofctown

1,046 Posts.

100

03/03/21

07:30

Post #: 51470229
Share

Originally posted by WombatKeith: ↑

I have ridden rolercoasters all the way up, and back down to below the red line, a recent example being ESR where I was 6 bagging and sitting so confidently, that I allowed it to ride all the way down to below my buy-in price - ouch! Once there, I have held and am now back in the black and hopeful

As to RNU, there are differences as this mob have actually found a resource and are developing it rather than looking for smething that might not be there, so i have a little more confidence that the climb will be over time. Of course, there wil be in and out traders (myself included) that can cause a speccy to drop dramatically if the wait for news is too long etc.

Have you considered a trailing sell rather than a stop loss? In case you are not familiar (apologies if you are) it woudl look something like this on my Westpac account:

Expand

Great advice and fully seccond this. If you're onto something good you'll be back in the black in no time. I'm very confident on rnu because of its market cap and valuation and how far along it is in the process to commercial offtakes.

RNU Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

STX

Strike Energy secures $153 million for Perth Basin gas projects

There are more pages in this discussion • 743 more messages in this thread...

First 12 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 9.0¢		Change -0.004(4.26%)		Mkt cap ! $228.7M

Open	High	Low	Value	Volume
9.2¢	9.3¢	8.8¢	$323.8K	3.575M

Buyers (Bids)

No.	Vol.	Price($)
1	4304	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	244130	2

View Market Depth

No.	Vol.	Price($)
1	4304	0.090
4	488930	0.089
6	157274	0.088
2	106000	0.087
2	436986	0.086

Price($)	Vol.	No.
0.092	244130	2
0.093	10000	1
0.094	19440	2
0.098	51306	3
0.100	223652	11

Last trade - 16.10pm 24/06/2024 (20 minute delay)

RNU (ASX) Chart