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RNU

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7.8¢ renascor resources limited

Placement massively oversubscribed, did anyone think the brokers...

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Sir Von Pushe

2,125 Posts.

132

24/12/22

11:18

Post #: 65439513
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Originally posted by BigAds44 ↑

My Battery Metals Portfolio isn’t where I imagined it would be at the end of 2022 and I’m hugely surprised to see how the RNU share price has nose dived even with having some of the best fundamentals in play than any other developing company on the ASX under $1B MC. In my opinion the earlier post on this thread “the asx is broken” makes entire sense and nothing I havnt suspected for a long time and for the time being it has to be accepted that “it is what is is”.
In my younger days of investing I’d for sure be panicked and down on myself for bad investing and more than once would have sold out of a good stock even though every fibre of my being would be telling me not to. It’s painful looking at a paper loss, let alone a realised loss. Today and with much more investing experience under my belt I feel surprisingly relaxed knowing that in the stock market cream will always rise to the top (eventually) and I see no reason to believe RNU will not do this either next year or in the near future.
Good luck to all shareholders of this very exciting and in my opinion what will be a very successful company of the future. Merry Xmas to all.

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Placement massively oversubscribed, did anyone think the brokers representing the BEOT etc weren’t going to use option expiry and broader macro environment for another flush out for cheap shares.

the demand is there, retail emotions are being played like a fiddle.

the bounce back will be rapid. Too much in the pipeline

RNU Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
32 Upvote

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