The market is irrational. Share price gyrations are not always reflective of fundamentals. At the spec end of the market it's always about sentiment and momentum.
I have no idea whether RNU's SP will go to 10c or 30c, or bounce around somewhere in the middle. I do know that RNU timed its capital raise superbly and that shareholders can at least take comfort in knowing that another raise is not on the horizon.
The disruption of global supply chains, for which China has played a major role, will greatly benefit companies such as RNU.
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Last
7.8¢ |
Change
-0.002(2.50%) |
Mkt cap ! $198.2M |
Open | High | Low | Value | Volume |
8.0¢ | 8.2¢ | 7.8¢ | $317.4K | 4.024M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 319007 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 27674 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 319007 | 0.078 |
21 | 1326482 | 0.077 |
8 | 484630 | 0.076 |
16 | 778685 | 0.075 |
7 | 490500 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 27674 | 1 |
0.080 | 203438 | 5 |
0.081 | 153797 | 2 |
0.082 | 161054 | 3 |
0.083 | 618000 | 4 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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RNU (ASX) Chart |