ITM 1.54% 6.4¢ itech minerals ltd

Have bought RNU before and lucky I did not hold on for long,...

  1. 2,839 Posts.
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    Have bought RNU before and lucky I did not hold on for long, because I would be down around 50% there even with yesterday's performance. From memory I think I would have to be above around 20c to be in profit there if I was still holding RNU.

    I think 2022 long term buys in a number of critical mineral stocks have done a lot of damage to portfolios.

    @BenjaminBond yep it could be worse, 90%, 95% is not unheard of in the small cap space, and a few rare occurrences in large cap land like Z1P (different sector), which was over 10b in 2021, and got smashed all the way down to a few hundred mill, but has recovered a bit since hitting those lows.
 
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