RNU renascor resources limited

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19,352 Posts.

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30/11/24

18:02

Post #: 76857170
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Originally posted by Herm1979: ↑

BEOT is not buying this stock or manipulating the price.The price is the price because of either A: People don’t want the product we are selling at the price we are (intend) selling it or B: People don’t believe management can make this a viable business. Every penny stock that has flatlined talks about the bottom drawer or the lossande curve. For a so called critical mineral my biggest concern is that both a country or a business has decided not to purchase/partner with us with very little geopolitical or economic risk. Any way my belief for what’s it’s worth is we won’t have long to find out if this business has a future. If china actually completely puts the breaks on graphite exports this time than people buying at these prices should do really well and people who held like myself (patience) at low to mid teens may even have a chance to break even.

not financial advice as I don’t know anything and if I did I would be on my boat fishing right now. Good luck all

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Hi Herm, this article from Fareast Capital was recently posted on WKT forum (credit to @spid81) which I thought might be relevant to your discussion re why not much interest in RNU.

Goodluck.

http://www.fareastcapital.com.au/newsletter.asp?id=642

RNU Price at posting: 6.6¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 5.6¢		Change 0.000(0.00%)		Mkt cap ! $142.4M

Open	High	Low	Value	Volume
5.5¢	5.9¢	5.4¢	$170.2K	2.999M

Buyers (Bids)

No.	Vol.	Price($)
2	155196	5.6¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	313507	2

View Market Depth

No.	Vol.	Price($)
2	155196	0.056
1	5000	0.055
3	102500	0.054
2	50000	0.053
7	687999	0.052

Price($)	Vol.	No.
0.058	9507	1
0.059	306046	2
0.060	142500	3
0.061	200000	1
0.062	98604	2

Last trade - 16.10pm 27/06/2025 (20 minute delay)

RNU (ASX) Chart

General Discussions, page-32286

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

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Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

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Buyers (Bids)

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General Discussions, page-32286

Top Stories

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

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Red Mountain: Chip samples point to 'large orogenic antimony mineral system' at Oaky Creek

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HotCopper Highlights Week 26: Droneshield 2.0; Trigg re-jig & Virgin

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Featured News

Buyers (Bids)

Sellers (Offers)

Featured News