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2.30%

8.9¢ renascor resources limited

Yes and I've noticed when a stock has a high % of trading volume...

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Zacsydney

3,218 Posts.

654

31/07/21

15:33

Post #: 54929185
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Originally posted by Sweetsound: ↑

I’m not sure it will be going down to 6-7 region like some are hoping, the fundamentals are too strong for it to retrace that low.

Sometimes it's interesting to read some older posts and compare what has happened since. It's obvious that the expectations change despite whatever strong fundamental value is assigned to a company.

As you kind of say one can ever be sure and markets will more often than not counter whatever we may think or hope for. Not sure whether you're still holding or moved on.

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Yes and I've noticed when a stock has a high % of trading volume especially shorts, its SP is subject to fluctuate more often than other stocks - RNU is a highly volatile stock however SP going up or down doesn't reflect anything about the company fundamentally and what's going on behind the scenes. The market will continue to do it's own thing.

RNU Price at posting: 7.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.9¢		Change 0.002(2.30%)		Mkt cap ! $228.7M

Open	High	Low	Value	Volume
8.8¢	9.0¢	8.8¢	$211.3K	2.377M

Buyers (Bids)

No.	Vol.	Price($)
9	132367	8.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.9¢	163469	2

View Market Depth

No.	Vol.	Price($)
9	132367	0.088
4	199900	0.087
7	1598712	0.086
25	952602	0.085
6	578738	0.084

Price($)	Vol.	No.
0.089	163469	2
0.090	181680	5
0.091	192857	3
0.092	80000	2
0.093	474034	4

Last trade - 12.31pm 26/07/2024 (20 minute delay)

RNU (ASX) Chart