General Discussions, page-24560

First 24560 Last

Share
Profile

Follow
mattyman174

214 Posts.

103

13/08/23

08:42

Post #: 69308885
Share

Originally posted by blockhead: ↑

So Blockhead is out, I have been in RNU for many years, many were purchased at less than 01c and some at up to 20c, I had 3.6m shares which were worth over 1m at one stage. Last week when the great plunge took place I listened to my family who said "they are going to be worth nothing soon, get out while you can" I did what they said, baled out @ 14c What I did was broke every rule in the book, I momentarily lost confidence in my own convictions, I picked the bottom and sold there, I locked in my losses not my profit and I sold a share I still believe will be 50c at some time in the future.

Ok so the family are happy, I have 500k safely in the bank but I am kicking myself for selling, so many could ave, should ave, would ave's in this game.

I tell this tale not looking for sympathy but to put a bit of honesty in the forum, there are many here who post about selling at the top and buying back at the bottom and so forth but I suspect their stories should be taken with a grain of salt on many occasions.

What will I do next ? well I won't give in, I will put 450k aside and use 50k to try and find the next Disallowed, I did it with RNU I reckon I can do it again. If RNU should dip to 10c or less (which I don't expect) you can be sure I will be back.

It's been fun and I have enjoyed the journey but would have loved to have finished it with a trip to the mine which I had planned when the sp got to 50c

Expand

Sad to see you exit.

Even if it was emotionally driven, that sale was not a loss. So many investors (myself included) would be over the moon with a result like that.

God speed.

RNU Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

VUL

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

There are more pages in this discussion • 6,744 more messages in this thread...

First 24560 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 9.1¢		Change -0.007(7.14%)		Mkt cap ! $231.3M

Open	High	Low	Value	Volume
9.6¢	9.8¢	9.0¢	$510.5K	5.540M

Buyers (Bids)

No.	Vol.	Price($)
7	323346	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	32300	2

View Market Depth

No.	Vol.	Price($)
4	238371	0.091
9	294610	0.090
4	716235	0.089
6	113290	0.088
7	258392	0.087

Price($)	Vol.	No.
0.095	32300	2
0.096	150000	1
0.097	250000	2
0.098	401887	7
0.099	293191	3

Last trade - 16.10pm 13/09/2024 (20 minute delay)

RNU (ASX) Chart

General Discussions, page-24560

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Utah authorities sign off on Anson's lithium extraction plans at Green River

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussions, page-24560

Top Stories

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Utah authorities sign off on Anson's lithium extraction plans at Green River

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News