I'm back in RNU now, the BAM wasnt everything I wanted, but the price dip presented a good opportunity. Ex-China graphite is very important, and synthetic is hitting supply and environmental issues with components - yes there is demand questions for RNU, but risk/reward for these lower levels definitely helps.
The price action today and orders remind me of Oct and Jan runs a little, very weak sell side and lots of on market buying chunks, but some big dumps into it - wouldn't be surprised to see this shoot back up again toward those high teens very soon - hard to see it push past those levels without offtake and finances more sorted.
I'm back in RNU now, the BAM wasnt everything I wanted, but the...
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $205.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.8¢ | 8.0¢ | $1.340M | 16.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110320 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RNU (ASX) Chart |