Exactly Pa-one , you can see how manipulated it is by the constant reloading on the sell and buy sides. Obviously the BEOT is selling and buying to themselves to get and keep the shareprice down.
Unfortunately RNU is in the orphan stage of the cycle and very vulnerable to this type of manipulation.
It is frustrating and designed to make retail holders anxious about their investment.
The positive about it though is why are they doing this!
It will be patience and confidence in the investment that will win the day for shareholders.
RNU is a standout company within the graphite arena and has ticked most of the required boxes to become a serious producer of both graphite concentrate and eventually PSG.
It may be another 6 months of holding but I'm confident that RNU will be heading north in the not too distant future.
The conversion from MOU to set contracts with the likes of Posco and Mitsubishi and FID this year will be the catalyse for obtaining the government loan.
How many graphite companies on the ASX have the same amount of cash in the bank and a potential government loan of 185 million $ with a contiguous and horizontal orebody that presents a low stripping ratio making for a low cost producing mine that is now fully permitted and are committed to downstream
Hold the course people
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $254.1M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $132.5K | 1.313M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 892440 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 1584251 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 892440 | 0.100 |
2 | 201500 | 0.099 |
6 | 266571 | 0.098 |
10 | 477764 | 0.097 |
9 | 460856 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 1584251 | 40 |
0.110 | 1251925 | 20 |
0.115 | 1038761 | 18 |
0.120 | 1565789 | 23 |
0.125 | 1338565 | 9 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
10.3¢ |
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Change
-0.005 ( 1.89 %) |
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Open | High | Low | Volume | ||
10.3¢ | 10.3¢ | 10.0¢ | 1904494 | ||
Last updated 15.58pm 03/05/2024 ? |
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