Think people don't understand what gives something value, mou doesn't add value it just reduces some risk or perceived risk at best. Value comes from activities like getting product out of the ground or processing, then selling it for profit.
A basic way to value would be estimated/forecast profit for the year / Number of Shares outstanding another words PE, its very crude way but its an indicator.
I haven't purchased RNU yet as there will be some time before the activities add profit (2023), the time value of money is what I consider, holding cash on a slow activity stock until 2023 is not wise in a white hot market. My personal stance is invest in 2022.
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $254.1M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 10.0¢ | $161.6K | 1.602M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 1273362 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 3025666 | 46 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1273362 | 0.100 |
3 | 205593 | 0.099 |
7 | 284673 | 0.098 |
8 | 492075 | 0.097 |
10 | 726395 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 3025666 | 46 |
0.110 | 1889798 | 30 |
0.115 | 1001812 | 18 |
0.120 | 1045209 | 21 |
0.125 | 789608 | 7 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
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Change
0.000 ( 2.44 %) |
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Open | High | Low | Volume | ||
10.0¢ | 10.5¢ | 10.0¢ | 1441659 | ||
Last updated 15.57pm 10/05/2024 ? |
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RNU (ASX) Chart |