Ann: ReNu Energy Completes Capital Raise, page-48

It is in RNE's best interest to get this post CR pumping now so they can make hay while the sun shines

Simon, you should know by now the modus operandi of this company: pumping the share price is only done prior to a cap raise. My guess is you'll be heading down to 4 cents in the mid-term. This company's market cap of $25m is ridiculous considering it does basically nothing other than gathering and then sitting on MOUs. They are just as savvy now at getting "money for nothing" via raises as they were when I was a holder years ago.