There certainly is too much negativity given the potential of RNU and what DC has managed to do to get the company where it is compared to its peers, inclusive of a good amount of money in the bank and a 185 million loan from the government. I can't think of any other up and coming graphite producer listed on the ASX that is any where near having a similar amount of cash to move their projects forward like RNU is now able to do.
Sure there are head winds at present re the graphite pricing however with the increase in EV sales worldwide I believe there will be an infliction point where the pricing must increase.
All that said I really hope that the shareprice of RNU starts moving up, if only to stop novacastrien from whining ,for a few minutes at least.
To all you people speaking so negatively about David Christensen, just remember he is not the guy sitting on his couch spanking the monkey all day complaining about the company!!!
General Discussions, page-29627
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Mkt cap ! $304.9M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.3¢ | 11.5¢ | $612.3K | 5.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 24 | 1306336 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 12.0¢ | 79036 | 1 |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.3¢ | 11.8¢ | 2517612 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| RNU (ASX) Chart |