RLE
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0.00% 9.0¢ real energy corporation limited

Ann: Trading Halt, page-26

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  1. Msir
    3,850 Posts.
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    30/09/17
    10:48
    Post #: 27568683
    Based on the circumstance:

    *7mill cash reserves
    *Prepayment of $6m some time in future
    *Chart breaking out on Thursday and up 25%
    *East coast gas market and politics real hot right now
    *RLE's huge resource
    *Good flow tests with further results to be announced soon

    I would say this capital raising will be accompanied with further good news or a decent plan in place which should see the share price continue the breakout

    Either way wont have to wait long to find out, see you guys Tuesday!
    Last edited by Msir: 30/09/17
    RLE Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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