RNU 7.69% 12.0¢ renascor resources limited

Fundamentally has anything actually changed with RNU since the...

  1. 108 Posts.
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    Fundamentally has anything actually changed with RNU since the Chinese announcement about Graphite restrictions Dec 1st which seemed to give the sector generally a very decent temporary bounce. I’ve seen one positive announcement come through about improved production capability and nothing at all negative. What I’m saying / asking is what’s changed and why is our SP being trashed other than negative sector sentiment / lower graphite prices / fear in the sector generally. If RNU was a good investment before then with all the de-risking that has been happening the last years surely at these prices RNU is a better risk / reward investment than ever before. I’ve destroyed my portfolio on this investment but still holding (as I’ve never seen a long term reason to sell) and considering to average down at these prices which don’t make a lot of sense considering all the positives and the supposed demand in the coming years.
 
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Last
12.0¢
Change
-0.010(7.69%)
Mkt cap ! $304.9M
Open High Low Value Volume
12.5¢ 13.0¢ 11.5¢ $1.263M 10.30M

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No. Vol. Price($)
27 1431499 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 571825 7
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
11.5¢
  Change
-0.010 ( 11.1 %)
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12.3¢ 13.0¢ 11.5¢ 4186495
Last updated 15.59pm 16/05/2024 ?
RNU (ASX) Chart
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