RNE 6.25% 0.8¢ renu energy limited

No surprise, when you watched the SP in 3c range, buy / sell...

  1. 5,656 Posts.
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    No surprise, when you watched the SP in 3c range, buy / sell looks like same group people for me LOL

    RNE has few bankers behind and always, I think they have lost a lot ofmoney by trying to maintain the SP. Now they nearly surrendered.

    Glad to see some people now start to understand what this company doing: to spend shareholders money . imv. 4m a year on investment and 4m a year for their people themselves??

    for me , the origin investment means RNE also increased book value is bullshit and misleading. I don’t think origin just invest, there could be other terms we don’t know at all , like the distributionship, IP sharing , totally different story.

    I also suggest to forget its hydrogen stories , as I was told by a clean energy fund manager in China, they finally will give up all hydrogen projects on hands and now start to believe Musk’s view on hydrogen- rubbish. Even if they can get the cheapest electricity supply cost of 3 AUD cent per kw, much much lower labour cost compared with Australia, they still lose truck load cash every month.
    Last edited by sydney6791: 14/11/23
 
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0.8¢
Change
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Mkt cap ! $5.446M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $819 111.9K

Buyers (Bids)

No. Vol. Price($)
10 1939554 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 2871035 12
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Last trade - 12.55pm 06/06/2024 (20 minute delay) ?
Last
0.7¢
  Change
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Open High Low Volume
0.7¢ 0.7¢ 0.7¢ 1770
Last updated 13.38pm 06/06/2024 ?
RNE (ASX) Chart
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