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8.5¢ renascor resources limited

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jbetar

813 Posts.

142

25/10/21

12:33

Post #: 57046032
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Originally posted by TenX: ↑

My colleague spoke with DC a few months ago with an offer to introduce fund managers interested in providing funding. DC advised that if the funds wanted a position, they would need to buy on market.

From that interaction, DC rose to the highest level in my mind that managment can get to....aligned with retail shareholders and NOT doing favours or looking after instos.

So I would not be surprised if the POSCO's of the world have been told that if they want a large position, buy on market.

We are not privy to the terms of the POSCOS non-binding MOU signed 25/8. For all we know It might allow POSCO to purchase 1 share in equity through company issue for each 1 share they purchase on market.

Those that cant see a multi billion market cap here in the medium term aren't looking hard enough.

I just added this morning to my position.

10x

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I have added, currently at 70k shares which is 3rd biggest holding. Currently holding LKE (Major) PRL (2nd largest) and RNU with FMG coming in last place.

really think there is a big future for RNU and the direction, when it pops it will be huge

RNU Price at posting: 13.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.5¢		Change -0.002(2.30%)		Mkt cap ! $216.0M

Open	High	Low	Value	Volume
8.7¢	8.7¢	8.4¢	$317.2K	3.703M

Buyers (Bids)

No.	Vol.	Price($)
3	25107	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.7¢	94500	3

View Market Depth

No.	Vol.	Price($)
1	4	0.086
6	377650	0.085
3	33207	0.084
8	323763	0.083
5	682953	0.082

Price($)	Vol.	No.
0.085	5399	1
0.086	4117	1
0.087	54500	2
0.088	91678	4
0.089	257859	3

Last trade - 16.10pm 18/06/2024 (20 minute delay)

RNU (ASX) Chart

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