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4.35%

7.2¢ renascor resources limited

While, respect both Nbbirch and Binwood. The challenges for...

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60 Posts.

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10/09/18

12:44

Post #: 35495429
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Originally posted by binwood ↑

Completely disagree with this. There is a time and a place in my opinion. Options even now at 1.4c and heads at 1.9c. 5 bags is 9.5c for heads and options would be trading at 6.5c (i.e <5 bags). Now I am bullish RNU but calling more than 5 bags and enough so to warrant the extra risk of the options is ridiculous. In my opinion heads are the easy buy all day everyday right now.

If one was more risk inclined there will be a time when heads rise that the spread on options is more attractive and one could swap from heads to options. It's just not now from my perspective.

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While, respect both Nbbirch and Binwood. The challenges for options are also the large spread and low volume so its more difficult to both open and close option positions, despite the benefit of leverage. IMO.
RNU continuing to progress the project, and delineate the open strike.

RNU Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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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