Games being played, absolutely no logic to buy options at 1.5 C when full shares selling at 1.9 C.
Goes to show the under lying value in RNU. The strike price is 3 cents for those options, so you don't need to be Einstein to figure out how undervalued RNU is.
If the true value of RNU was 2 cents as per current price then options with a strike price of 3 cents would be lucky to even sell at the minimum price possible.
This is a no brainer imo, just sentiment holding it back. Once this one moves the re rate is going to be massive....
Ann: Results of Meeting, page-39
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Last
7.0¢ |
Change
-0.002(2.78%) |
Mkt cap ! $223.6M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.2¢ | 7.0¢ | $116.5K | 1.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 263553 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 130339 | 11 |
View Market Depth
| Last trade - 14.38pm 19/11/2024 (20 minute delay) ? |
| RNU (ASX) Chart |
