Imo not under 10c. We have way too much cash for that. The fact we went down to 10.5 briefly was imo crazy.For Rnu I believe the progress will happen, it might get delayed and result in a drift downwards. Unless something massively changes the Fundamentals in a negative way (can't think of anything) we shouldn't see any big drops or the whole thing falling apart. In fact fundamentals are getting stronger and macro events are favouring RNU and graphite stocks more than ever now.
So with FOMO, if our deadlines are missed by a few weeks, I would think we can maintain sideways movement +- a few c.
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $292.2M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.0¢ | $232.2K | 2.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 1938830 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 983150 | 16 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
0.000 ( 0.61 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 11.3¢ | 1803573 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| RNU (ASX) Chart |