RNU 1.27% 7.8¢ renascor resources limited

RNU chart, page-4183

  1. 232 Posts.
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    Prior to the Federal Budget – with a positive bank balance, access to a world class resources deposit and a pre-approved conditional Term Loan with a built in construction costing overrun facility, RNU was already the envy of many. Last night’s effective underwriting announcement further strengthened RNUs position such that they can now confidently negotiate at a global level from a position of strength. With this in mind RNU will now no doubt look to fast track and real time replicate their business plan.

    Truly successful businesses are those that have dealt with adversity and survived. It has been a long and often tumultuous road for many which could only ever be partially represented in a graphic like below. There will be risk ahead, as there always is, and it will be high, as the market consolidates and commences the process of re-rate of its expectations of RNU. To be clear I am a trader, not a long term speculator or investor, but for all those involved my sincerest of best wishes moving forward. GLTAH. My opinion only of course!

    https://hotcopper.com.au/data/attachments/6172/6172520-e54fda4301bef4787d830a593928a7d8.jpg
 
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Last
7.8¢
Change
-0.001(1.27%)
Mkt cap ! $198.2M
Open High Low Value Volume
7.9¢ 7.9¢ 7.6¢ $196.6K 2.518M

Buyers (Bids)

No. Vol. Price($)
11 849690 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.8¢ 116416 4
View Market Depth
Last trade - 15.01pm 09/08/2024 (20 minute delay) ?
RNU (ASX) Chart
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