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10.3¢ renascor resources limited

So you'd be selling RNU to preserve cash? Seeing the world has...

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Skills1492

518 Posts.

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29/01/24

12:52

Post #: 72109856
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Originally posted by williams11: ↑

Without wanting to be too pessimistic, most of the world has been conned on the supply requirements of lithium and graphite, not only are we in over supply, with new mines coming onboard all the time and a host of new mines there is always going to be an over supply situation , imo RNU has already missed the boat because of snail moving management and the price constraints that are only going to get worse in Australia. Not long before it will cost more getting it out of the ground and processing it than we could sell for, add to the equation that Hydrogen Cars will virtually be the norm inside of five years, back to Uranium we go….full circle, at least that resource is showing some strength but even that has massive swings. Been calls of 5c, I personally do not think it will get that bad, but calls of dog stock not far off the mark, changed sentiment to none from buy, would not touch this with the next door neighbours broom stick…..how the mighty have fallen.

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So you'd be selling RNU to preserve cash? Seeing the world has been conned?

RNU Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 10.3¢		Change 0.003(2.50%)		Mkt cap ! $254.1M

Open	High	Low	Value	Volume
10.0¢	10.5¢	10.0¢	$38.01K	370.7K

Buyers (Bids)

No.	Vol.	Price($)
26	1993065	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	3027288	51

View Market Depth

No.	Vol.	Price($)
26	1993065	0.100
5	231593	0.099
10	376493	0.098
10	528075	0.097
10	726395	0.096

Price($)	Vol.	No.
0.105	3027288	51
0.110	1863097	29
0.115	1013830	19
0.120	1288209	21
0.125	1039608	8

Last trade - 11.09am 10/05/2024 (20 minute delay)


Last 10.5¢			Change 0.003 ( 2.44 %)
Open	High		Low	Volume
10.0¢	10.5¢		10.0¢	133641
Last updated 11.23am 10/05/2024 ?

RNU (ASX) Chart