Decided to join the RNU club today. Why ol why did people sell. The company has the second largest deposit in the world, largest outside of Africa. MC of $475m, offtake contract, Australian gov loan $185m, $65m cap raising at 27c. A critical mineral that is to be in deficit starting 2022(now). Without graphite lithium batteries can't be made. Tesla is struggling to get graphite into US, company planning to produce without China. Short sellers are scaring the bejesus out of retailers. ..charting is a fools game used by short sellers to manipulate, nothing connected to reality... BUY when the stock is down and below intrinsic value, not sell, the last time I looked.
Decided to join the RNU club today. Why ol why did people sell....
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Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $238.8M | |||
| Open | High | Low | Value | Volume |
| 9.6¢ | 10.0¢ | 9.4¢ | $279.9K | 2.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 202682 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 132912 | 5 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| RNU (ASX) Chart |