RNU renascor resources limited

General Discussions, page-31962

  1. 2,459 Posts.
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    What a load of BS.

    I participated in both cap raises circa 27c.

    At the time I couldn’t understand the rationale. DC offered to talk me through it over the phone and he explained that they simply didn’t know just how long things would take to get regulatory approvals.

    As it turned out the major issue for RNU has been the Chinese manipulation of the graphite price.

    No one could foresee this but it is now because of those cap raises that we have sailed through this period without the need to highly dilutive capital raising at these low levels.

    I call that pure genius.

    I have also taken advantage of the weakness and added millions of shares to my position. Something I could never have afforded to do if it continued to trade above 27c.

    All that matters is the price you pay and the price you sell at. Well done to those holding strong.

    10x
 
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(20min delay)
Last
5.6¢
Change
0.000(0.00%)
Mkt cap ! $141.1M
Open High Low Value Volume
5.6¢ 5.7¢ 5.5¢ $80.36K 1.435M

Buyers (Bids)

No. Vol. Price($)
23 962663 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 60361 3
View Market Depth
Last trade - 11.51am 24/06/2025 (20 minute delay) ?
RNU (ASX) Chart
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