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1.15%

8.8¢ renascor resources limited

Yeah its a bit like that. SYR getting hammered. All we can do is...

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Ignattious

1,400 Posts.

418

18/07/23

11:58

Post #: 68841257
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Originally posted by Jimmy08: ↑

One thing that is starting to get a bit frustrating is that Ive continually heard multiple graphite plays over the last 2-3 years stating that market conditions are getting more favourable for graphite and it is going to continue to improve etc, well fact is market conditions for graphite are currently worse than they were a year ago, just take a look at SYR report, and capex on all projects has increased. I’m hoping these commentators and MD’s forecasts come to fruition, it makes sense that there will be a supply constraint but it always seems to be “next year” that the deficit will play out. I know it’s happened before with lithium companies and look how that’s played out, and that’s why I’m invested because it makes sense that supply constraints will increase graphite pricing, when they happen. It is a long term hold for me and I’m hoping it plays out similarly to PLS, but it is getting to the stage where it’s more of a “I’ll believe it when I see it scenario”. Sharing some frustration with fellow holders atm.

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Yeah its a bit like that. SYR getting hammered. All we can do is be patient, its simple but not easy.

RNU Price at posting: 19.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 8.8¢		Change 0.001(1.15%)		Mkt cap ! $223.6M

Open	High	Low	Value	Volume
8.8¢	9.0¢	8.8¢	$293.0K	3.300M

Buyers (Bids)

No.	Vol.	Price($)
1	35000	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	55606	3

View Market Depth

No.	Vol.	Price($)
1	35000	0.087
6	1482433	0.086
25	952602	0.085
6	578738	0.084
8	426036	0.083

Price($)	Vol.	No.
0.088	55606	3
0.090	62802	2
0.091	192857	3
0.092	80000	2
0.093	309034	3

Last trade - 16.10pm 26/07/2024 (20 minute delay)

RNU (ASX) Chart