I think the more important factor is people aren't buying. Volumes are low, and I suspect that the majority of daily volumes are bots buying and selling to themselves. There will be some genuine retail selling in fear or those hoping the sp drops and pick up a few pips cheaper. that strategy would have been working well the last few weeks
two days ago looked like a genuine buy of 1.2M shares, sent the sp from 5.8 to 6.1, because no other buying happened it just went back to close price 5.6 on not much volume.
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RNU
renascor resources limited
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3.23%
!
6.0¢

I think the more important factor is people aren't buying....
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Last
6.0¢ |
Change
-0.002(3.23%) |
Mkt cap ! $152.5M |
Open | High | Low | Value | Volume |
6.2¢ | 6.2¢ | 6.0¢ | $95.26K | 1.575M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 296089 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.2¢ | 7791 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 126089 | 0.060 |
4 | 1052329 | 0.059 |
3 | 714155 | 0.058 |
3 | 567000 | 0.057 |
3 | 475000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.062 | 7791 | 1 |
0.063 | 540000 | 3 |
0.064 | 269661 | 5 |
0.065 | 248919 | 6 |
0.066 | 204000 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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RNU (ASX) Chart |