RNE 20.0% 0.6¢ renu energy limited

global warming, geodynamics delay& etp, page-9

  1. 1,965 Posts.
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    "Jeez, no wonder the SP is so low - everyone here has been selling!"

    Yeah it just seems like there's no catalyst on the horizon that could cause any significant movement, making it a relatively safe bet to dabble elsewhere while things progress. I'll probably have to sell down quite a few to write off the loss against gains elsewhere. Don't mind taking a loss on this stock (compared to others), as it was always a split between money spinner and investing in technology that will have a beneficial impact on the world. Will be watching with a hawk-eye for re-entry at a later date though.

    Certainly an excellent time to be building a holding, while everyone is shifting funds elsewhere. I still want confirmation on multi fracture techniques before committing any more funds (which is, sadly, a long way off). Excepting a major crash in the energy market (which probably means mass deflation), I don't see any other major risks.
 
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