Im in the same boat as you regarding holding for the long term.
as far as other future mines. It can work against us if the supply stays high and demand stays low, to lock in at a lower price might be a good lower profit option, as long as it is profitable. I cant see the price for graphite going too far backwards from here.
on the other hand if the supply is low and demand increases as predicted. RNU's management has done well and BOA will come, the timeframe is dependent on the market.
I don't know what will happen but I'm banking on that China not being able to control the market forever and once they breakdown, the rest of the graphite producers will be in a fantastic position
GL
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Im in the same boat as you regarding holding for the long...
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $137.3M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.4¢ | $127.2K | 2.317M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 222384 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 44930 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 222384 | 0.054 |
1 | 450000 | 0.053 |
7 | 687999 | 0.052 |
2 | 433333 | 0.051 |
12 | 277510 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 44930 | 1 |
0.057 | 94004 | 2 |
0.058 | 100000 | 1 |
0.059 | 481346 | 3 |
0.060 | 217500 | 3 |
Last trade - 16.11pm 25/06/2025 (20 minute delay) ? |
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RNU (ASX) Chart |