Hi xxx,The recent share price decline is obviously concerning to us. The decline was based on significant volume, which suggests we have a number of new shareholders who, like legacy shareholders such as yourself, will be counting on us to improve the share price going forward.We believe a large part of this is based on pricing factors which are not sustainable and that there is ample reason to believe the outlook for graphite is very positive. We’ve tried to adopt a strategy that reduces our risk in the immediate term, while providing strong leverage to increases in graphite prices (which we believe are inevitable). I understand these explanations above might not resonate when you see large decline sin price, but we continue to believe we have the ability to offer a much needed product at the right time, and this will ultimately reflect in our share price.If you have any questions or comments to share, please don’t hesitate to contact me.Kind regards,DavidDavid ChristensenMANAGING DIRECTOR
https://www.wallstreet-online.de/diskussion/1272702-1-10/renascor-resources-zukuenftig-groesster-graphit-player#neuster_beitrag
- Forums
- ASX - By Stock
- General Discussions
Hi xxx,The recent share price decline is obviously concerning to...
-
-
- There are more pages in this discussion • 7,025 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNU (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $198.2M |
Open | High | Low | Value | Volume |
7.8¢ | 7.9¢ | 7.7¢ | $230.9K | 2.957M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 599832 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 24293 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 599832 | 0.078 |
18 | 1011774 | 0.077 |
13 | 633860 | 0.076 |
15 | 530472 | 0.075 |
8 | 690500 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 24293 | 1 |
0.080 | 401957 | 4 |
0.081 | 103797 | 1 |
0.082 | 138004 | 2 |
0.083 | 368000 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
RNU (ASX) Chart |