What traders need to realize is that you can think you have the best fundamental analysis around, but it doesn't mean anything compared to shareholder sentiment. If you look at RNU shareholder sentiment right now, there is a lot of overhead supply to churn through before share price stabilizes and it could be in the early stages of a distribution cycle where instos are selling to unsuspecting retail holders. Despite good fundamentals the share price of a typical mining company could go up and down like a bride's nightie depending on what stage of the sentiment cycle is at. I have included a link you may find helpful. https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $142.4M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.6¢ | $329.5K | 5.676M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 623227 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.8¢ | 66287 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 623227 | 0.056 |
19 | 988181 | 0.055 |
4 | 132845 | 0.054 |
2 | 465000 | 0.053 |
8 | 697999 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 66287 | 1 |
0.059 | 631346 | 4 |
0.060 | 482685 | 6 |
0.061 | 137829 | 3 |
0.062 | 998604 | 3 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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RNU (ASX) Chart |