RNE 8.33% 0.6¢ renu energy limited

am i missing an eyebrow, page-8

  1. 5,428 Posts.
    lightbulb Created with Sketch. 75
    Today's ann will, imo, put some certainty back into the market. I like to think the price will go back up past $2 but read my disclaimer. I emailed the company on the weekend and they have responded in a very positive way to all that I asked. I guess it's now up to the market.

    Between now and after option expiry I expect some selling pressure on both heads and oppies as one way or another, the market pays up the exercise price. I plan to exercise all my oppies and possibly buy and exercise a few more on any price weakness.

    GDTO holders are far better off selling than allowing their oppies to expire. In 13 days time, oppies cease trading and expire worthless a week after that. As I see it there are only two sensible choices, selling over the next week or so, or exercising by paying the $1.50 exercise price. Allowing in the money options to expire is not a sensible choice imo.
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
-0.001(8.33%)
Mkt cap ! $3.631M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $17.77K 3.513M

Buyers (Bids)

No. Vol. Price($)
7 2613276 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2828164 7
View Market Depth
Last trade - 12.54pm 17/06/2024 (20 minute delay) ?
Last
0.5¢
  Change
-0.001 ( 16.7 %)
Open High Low Volume
0.5¢ 0.6¢ 0.5¢ 879655
Last updated 13.06pm 17/06/2024 ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.