An article below that may help with some confidence in the EV market.
BMW has passed the tipping point for combustion engine vehicle sales and now generates most sales growth from electric cars, its chief financial officer said in a media roundtable.
I believe that this will be the same for nearly all vehicle manufacturers either presently or in the not too distant future.
Whilst the current share price of RNU gives me no joy , I'm convinced that the future for the company is solid and it is only a matter of time before some kind of JV or offtake agreement is forthcoming.
https://www.reuters.com/business/au...stion-engine-tipping-point-passes-2024-01-15/
General Discussions, page-27868
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Last
8.8¢ |
Change
-0.001(1.12%) |
Mkt cap ! $223.6M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.2¢ | 8.8¢ | $305.3K | 3.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 671362 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 124487 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
8.8¢ |
Change
-0.001 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| 9.0¢ | 9.2¢ | 8.8¢ | 1471520 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| RNU (ASX) Chart |