While its all well and good to calculate a 'fair value' based on XYZ, its usually far from what happens on the stock market.
We know there were 2x CR's at 27c~, last 2x time Lithium / battery minerals got a pump, we went up to 30+c. If pre production hype with signed offtakes, or even first production can co-incide with some positive sentiment, Id hope for 30+c or even 40+c.
What happens in production etc is IMO very hard to predict. If even a few ducks line up and graphite shortages pinch hard, 1B MC seems fair for RNU. just my 2c.
While its all well and good to calculate a 'fair value' based on...
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Last
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0.000(0.00%) |
Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $216.5K | 2.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1467939 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1864030 | 44 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
0.000 ( 2.44 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.3¢ | 10.0¢ | 1203542 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| RNU (ASX) Chart |