You do realise that at 5c, the MC would be the same as the cash in the bank, valuing RNU and all it has at zero $In aaddition, your line puts RNU value at 5c in mid 2025? When we should be well into production and demand to be much higher.
There is definitely some issues trying to draw a trend line off 2 points
RNU chart, page-3930
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $241.4M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.5¢ | 9.2¢ | $173.2K | 1.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 153794 | 9.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 229422 | 1 |
View Market Depth
| Last trade - 14.55pm 29/08/2024 (20 minute delay) ? |
| RNU (ASX) Chart |