RNE 11.1% 0.4¢ renu energy limited

1 years time

  1. 209 Posts.
    Its intersting to see that the options are exercisable at 1.50 becasue by the exercise date, 31st Jan 08, they should have finished H3 which means that they will be infront of where they were when the price was around the $2 level. And since thoes days talk of green power has only been getting stronger. 1.50 seems a very reasonable goal for 6 months time.
    I imagine once they can test the flow between H1 and H2 that the price should be over 2$ again. Once they can prove there theory watch the big companies and goverment investing. Already have Origin and Woodside in their list.
    Any thoughts or comments?
 
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