RNU renascor resources limited

Imo going to be a pump and dump, but we will see. Has happened a...

  1. 1,647 Posts.
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    Imo going to be a pump and dump, but we will see. Has happened a few times on egr I recall. Vertical up, vertical down
    Go and evaluate what the company has and what it is doing. Imo the reason for rnu to fail is if graphite fails. I don't think that is going to happen, I believe rnu is very competitive, and playing the safe game in waiting a little bit longer.
    Recent world pitics has imo made markets less predictable and turbulent, and we can see anything that is remotely risky us sold off and stay away until more certainty returns.
    I had hoped a trump administration would have solidified things like the inflation reduction act, and move away from China reliance. Instead it has caused more chaos, I don't know the motives but I suspect musk may have pushed some things to help Tesla, or at least there might be loopholes we don't know about. Look at trump trying to secure Ukrainian critical minerals. It is telling.
    For RNU, having potential customers in Japan or south Korea who can take the whole production resource, is a good thing right now.
    Still waiting, surely retail is not selling now we are at cash value and again, low volumes, selling had been minimal imo.
 
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(20min delay)
Last
6.1¢
Change
-0.003(4.69%)
Mkt cap ! $155.1M
Open High Low Value Volume
6.3¢ 6.3¢ 6.0¢ $185.4K 3.014M

Buyers (Bids)

No. Vol. Price($)
5 1152329 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 124952 2
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
RNU (ASX) Chart
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