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4.55%

11.5¢ renascor resources limited

Ann: Commercial-Scale Milling Trials Deliver Increased Yields, page-42

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vein1

949 Posts.

327

11/01/22

11:23

Post #: 58772544
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Originally posted by BWinter: ↑

Actually, I reckon profitability should be up more than 30% on this announcement. Revenue should be up 30% but costs should be about the same so profit will be up more than 30%. For example suppose revenue before was 10 units and costs were 5. That would make profit 5. Now increase revenue by 30% to 13 and keep costs at 5. Profit is now 8 which represents a 60% increase. With that and rising graphite prices, I think it augers well for RNU going forward. Convinced me to take a small stake this morning

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Thanks for doing the calculations. I realise my statement was just a conservative estimate.

RNU Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.5¢		Change 0.005(4.55%)		Mkt cap ! $279.5M

Open	High	Low	Value	Volume
11.0¢	11.5¢	11.0¢	$26.75K	240.9K

Buyers (Bids)

No.	Vol.	Price($)
41	1490035	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	859015	17

View Market Depth

No.	Vol.	Price($)
41	1490035	0.110
33	1616637	0.105
65	4432405	0.100
8	250809	0.099
4	63200	0.098

Price($)	Vol.	No.
0.115	728407	15
0.120	2101355	21
0.125	1935217	16
0.130	1648504	21
0.135	1276847	13

Last trade - 10.33am 29/05/2024 (20 minute delay)


Last 11.5¢			Change 0.005 ( 2.22 %)
Open	High		Low	Volume
11.3¢	11.5¢		11.3¢	200000
Last updated 10.23am 29/05/2024 ?

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