RNU 3.30% 8.8¢ renascor resources limited

General Discussions, page-460

  1. 8,288 Posts.
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    It's the end of fy and as is normally the case many stocks are flipped, tossed, sold, bought for various reasons. Your reason to sell is due to SP dropping and you are disgruntled. Understandable - but understand this also - there is often a disconnect of where sp is with respect to where current company MC sits and its fundamentals. Also understand that RNU is in very early stage of a hopefully long and successful journey and has the materials in the ground that is highly sought now and in the future. But of course as yet not a producer and thus earner.

    This type of investment may not suit you, being long term - an investment that may return multiples in a couple of years as against making or losing a few dollars on pip trades. You may not have the patience to see it through or the belief that the company is heading for a successful operation and that's ok - it is your money, but others here have a differing point of view with a different time horizon. Some holders may see the fall in SP as an opportunity to top up as against a possible sale at possibly one of the worst times in the year. smile.png
 
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Last
8.8¢
Change
-0.003(3.30%)
Mkt cap ! $223.6M
Open High Low Value Volume
9.1¢ 9.1¢ 8.7¢ $464.2K 5.229M

Buyers (Bids)

No. Vol. Price($)
28 155125 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 1546372 2
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
RNU (ASX) Chart
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