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4.35%

7.2¢ renascor resources limited

Ann: Results of Meeting, page-44

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HeavyT

299 Posts.

49

08/09/18

17:20

Post #: 35478345
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Originally posted by nbbirch ↑

You're absolutely right but there is still so long to run on the options and at today's price the main shares only need to be trading above 4.7c for the options to be in the money. I believe we will be above that by the end of the year and closer to 15c by the the end of next year. So even holding the oppies right up until expiry will give a far greater percentage gain than the heads. The only way to lose money buying the options today is if the SP did not reach 4.7c by 31st October next year and that is when we will be mining! Plus that would only be a $45 million MC, pretty crazy if we are still only at that level with binding offtakes, a constructed mine and a couple of months away from first ore sales.

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Echo my thoughts exactly mate, RNU is something that if all falls in to place which I believe it will. Will be something super special

RNU Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.2¢		Change 0.003(4.35%)		Mkt cap ! $223.6M

Open	High	Low	Value	Volume
7.0¢	7.6¢	6.9¢	$561.8K	7.777M

Buyers (Bids)

No.	Vol.	Price($)
3	331813	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	70445	1

View Market Depth

No.	Vol.	Price($)
1	126315	0.096
3	163394	0.095
1	10000	0.094
1	50000	0.093
2	150000	0.092

Price($)	Vol.	No.
0.099	90000	1
0.100	1024293	2
0.105	1077076	22
0.110	1141932	15
0.115	997986	13

Last trade - 16.10pm 18/11/2024 (20 minute delay)

RNU (ASX) Chart