RNU renascor resources limited

The story with RNU certainly hasn’t played out how I was hoping...

  1. 250 Posts.
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    The story with RNU certainly hasn’t played out how I was hoping or thought it would. Having said that I’ve held tight and still believe in the fundamentals and very happy with management during what has been a torrid time for explorers / potential near term producers across most commodities. In our case without the graphite price rising we need to move sideways until better conditions prevail and even though it’s frustrating it’s definitely better than being in a loss making offtake agreement that would have put our backs up against the wall or worse put us out of business without even being in business.

    Ironically and without getting into a political discussion I think Trump will be the catalyst that will inadvertently create situations that will do more good for the RNU share price (and similar companies and commodities) than the Biden Inflation Reduction Act ever would have.

    There will undoubtedly be many more twists and turns along the way and this just my opinion.
    Last edited by BigAds44: 19/11/24
 
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(20min delay)
Last
5.5¢
Change
-0.001(1.79%)
Mkt cap ! $139.8M
Open High Low Value Volume
5.6¢ 5.7¢ 5.4¢ $210.6K 3.807M

Buyers (Bids)

No. Vol. Price($)
1 92877 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 190000 1
View Market Depth
Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
RNU (ASX) Chart
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