A little too much exuberance in the market.
I am thinking a capital raising is coming up for RNU.
Holding a few to qualify if offered to retail.
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Apparently closed in Germany at 11.5c overnight....
And opened today on ASX at 11.5c, RNUOB at 9.7c.
Been a feeding frenzy today! Now 15c. At the start of this year it was 1c.
Up 1857% percent in 1 year. Wow. Almost 20 bags!
Still going solidly today, 14.5c and RNUOB 11.5c. Hope the imminent gold drilling results are good otherwise that may be a bit discouraging short-term.
Have struggled along with RNU for 5 years or more I think, accumulated a few along the way, yesterday I bailed on 1.5m of them @ 15c and am left with 2m options and rather a lot of cash to play with, they will go up further for sure but I am more than happy with where I sit.
New road bike and new jacket for riding coming up, surely that is not too extravagant at 70 years of age ?
I hope Schumi and you other regulars are in a similar position
Re road bike...pedal or engine...
@blockhead thats legendary. Good for you, enjoy that cash!