RNU 1.41% 7.2¢ renascor resources limited

They lost $26m in a quarter...Sorry but if one of the largest...

  1. 1,075 Posts.
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    They lost $26m in a quarter...
    Sorry but if one of the largest ex-China graphite producers are losing money, the writing is on the wall.
    Coupled with SYR SP performance, why would anyone stick around in the graphite market currently...? Actually, investors in graphite should have bailed over a year and a half ago and put their capital in something else during that time.
    https://hotcopper.com.au/data/attachments/6336/6336183-11a40117af6dea793eab8a27cd859cdb.jpg
    I've sold my position in RNU in recent months, luckily still at a profit. I should have bailed earlier.

 
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