RNU renascor resources limited
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Fair play mate, well done for breaking even on a dog so many...

  1. Toyota86star
    82 Posts.
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    25/02/25
    04:11
    Post #: 78005070
    Fair play mate, well done for breaking even on a dog so many have lost on.

    I think it's been evident for quite a while that RNU is a zombie company with no real direction or strategy beyond collecting interest on their bank deposits. Whilst that strategy works in a time of high interest rates, with interest rates coming down I'm not so sure what the future holds for RNU. I do wonder what they do in their office all day!

    We'll probably see RNU go down to cash value this week or maybe early next, if it goes below that then it's potentially a 'buy' but tread carefully IMO.
    Last edited by Toyota86star: 25/02/25
    RNU Price at posting: 5.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 2  Great analysis
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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

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No. Vol. Price($)
6 296089 6.0¢
 

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Price($) Vol. No.
6.2¢ 7791 1
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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