The future's barons are evolving
The short term momentum is building and the new uptrend seems to have arrived. Recent positive events for RNU means that there is fresh air ahead of it, and maybe it’s a cue for the anode players to bite – after all, I’ve been saying FOMO remains with them for quite sometime now.
However, the evidence is surfacing on many fronts and as Beijing significantly tightens its rules we are on the cusp of something great:
China’s Exports of Graphite for Batteries Rise From December Low - see article
The strongest ever pollution standards for cars was announced just the other day - see full article
The worldwide trend of electrifying everything is becoming more and more entrenched as governments throughout the world enforce rules. Supply chain security is more important than preserving the environment (that's just a bonus). So, whatever perspective you use, RNU is poised to benefit.
The next few weeks could be a doozy!
AIMO, DYOR, GLTA(patient)H
General Discussions, page-29140
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $122.4K | 1.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1691504 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 3621858 | 49 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.3¢ | 10.0¢ | 1378263 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| RNU (ASX) Chart |