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

RNU

1.27%

8.0¢ renascor resources limited

Ann: Silicon-Enhanced Anodes Using Siviour Graphite, page-50

First 50 Last

Share
Profile

Follow
shrips

405 Posts.

28

07/01/21

21:13

Post #: 50018841
Share

Originally posted by littlecorn: ↑

The hands behind it must hold both shares and options.

On the first day of option been traded, the hand accumulated all of them, in four days, they accumulated 30% of them, which explained why there was some persistent sell at 1.2c ... that was because those holders made 30% lucky money from options. Of course, the hand has been accumulating the shares as well, that plays to their hands pretty handsomely.

Now I think they have both options and shares under the control, it becomes an easy way to pull shares by pulling option price which is trading at a quarter of the underlying. for instance, it cost only $23k today for options to stand at 0.4c, which suggests the underlying share price of minimum 2.4c.

You watch, both silicon test progress and gold drilling commencement news are just around the corner.

Expand

interesting comments you have been making lately...so you are aware of a major player that has been accumulating a large position in order to move this for many multiples?....

RNU Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

IMA

Issues emerging as Australian companies tackle critical minerals challenge

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

There are more pages in this discussion • 9 more messages in this thread...

First 50 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 8.0¢		Change 0.001(1.27%)		Mkt cap ! $203.3M

Open	High	Low	Value	Volume
8.0¢	8.1¢	7.8¢	$140.9K	1.776M

Buyers (Bids)

No.	Vol.	Price($)
5	363660	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	316229	3

View Market Depth

No.	Vol.	Price($)
4	325686	0.079
8	622779	0.078
20	1131138	0.077
14	637725	0.076
20	833672	0.075

Price($)	Vol.	No.
0.080	316229	3
0.081	539530	4
0.082	1000000	1
0.083	200000	1
0.084	315932	6

Last trade - 16.10pm 11/10/2024 (20 minute delay)

RNU (ASX) Chart

Ann: Silicon-Enhanced Anodes Using Siviour Graphite, page-50

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Issues emerging as Australian companies tackle critical minerals challenge

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Cauldron Energy reports "excellent" uranium assays in latest drill run

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Silicon-Enhanced Anodes Using Siviour Graphite, page-50

Top Stories

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Defence MOU for propulsion systems pushes Aurora Lab shares higher

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Issues emerging as Australian companies tackle critical minerals challenge

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Cauldron Energy reports "excellent" uranium assays in latest drill run

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News