RNE 12.5% 0.7¢ renu energy limited

IF the money goes towards buying the 2 South Australian solar...

  1. 14,681 Posts.
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    IF the money goes towards buying the 2 South Australian solar farms, then I think it's probably a good thing. Sort of like selling a small cheap unit to afford a bigger nicer house I guess. Those 2 solar farms would bring in a lot more ongoing income, and selling the shopping centres would mean they could get them with a lot loss debt than they would have needed otherwise.

    But if they're selling it to keep the lights on, then that's totally different, and I'd just about give up on RNE if that was the case.
 
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