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RNU renascor resources limited

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nechvec

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22/05/21

17:01

Post #: 53351058
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Originally posted by levendful: ↑

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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Yes, it is true but if somebody like me wants to buy and forget till 2030, then the best strategy is to buy now and forget about it. I do not want to check this share every day or every month how it is going. I simply know in 2030 it will be much higher.

RNU Price at posting: 7.3¢ Sentiment: Buy 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-335

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

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

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

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

Monash IVF shares cater 25% – Disaster or deep-value play?

Australia’s gas crisis is here – and dying coal plants aren’t helping

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

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

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Featured News

Buyers (Bids)

Sellers (Offers)

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General Discussions, page-335

Top Stories

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

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

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

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

Monash IVF shares cater 25% – Disaster or deep-value play?

Australia’s gas crisis is here – and dying coal plants aren’t helping

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

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

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News