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2.47% 7.9¢ renascor resources limited

Taking the prices of RNU 12c and RNUOB 10c as an example. Let's...

  1. dankshares
    60 Posts.
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    31/03/21
    11:54
    Post #: 52168521
    Taking the prices of RNU 12c and RNUOB 10c as an example. Let's say you have $12,000 right now to invest, that would get you

    100,000 RNU
    or
    120,000 RNUOB

    If the SP of RNU goes to 50c as you said that would put RNUOB around 48c then your $12,000 investment would be worth

    RNU 100,000 x $0.50 = $50,000
    or
    RNUOB 120,000 x $0.48 = $57,600

    which puts you $7,600 or 15% ahead buying RNUOB over RNU

    RNU Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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