Some reference checking from SYR, in terms of RNU's ultimate goal - AAM/or coated PSG.
Summary: Cost 3K (Minimum) v Sell 5K (minimum).
Bear in mind SYR's AAM facility locates in the States, considering they need to xfer raw materials to the States, by putting it in Australia's basket, the cost could be higher but should be close.
Conclusion: Solid margin, but not a Lithium business. Having said that, Lithium margin (10x these days) won't last forever.
Bring it RNU.
Some reference checking from SYR, in terms of RNU's ultimate...
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Last
8.7¢ |
Change
-0.001(1.14%) |
Mkt cap ! $221.1M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.7¢ | 8.6¢ | $291.0K | 3.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1252863 | 8.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 230385 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RNU (ASX) Chart |