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86.0¢ renergen limited

Renergen General Discussion, page-1015

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Puttinfordough

551 Posts.

177

19/12/22

13:32

Post #: 65367326
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Originally posted by Fat Harrys Cat: ↑

Good question. It’s almost capitulation.

A casual observer might infer the company had no assets, heaps of debt, no customers banging on the door and it was run by idiots.
Of course, it is nothing like that.

It’s also located in South Africa which has not (unlike the mob of Marxist’s just elected here) enacted legislation to cap the price of gas.

I guess it’s as KK suggests; investors are so gun-shy they’re staying away from everything, including companies with solid assets. Very, very, very frustrating. Renergen has been the one green, shining star of my portfolio over the past 8 months or so. Now, it joins the ranks of other losers. It’s enough to make one just sell out and put the cash into gold or something.

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Or maybe the company can finally inspire some confidence by announcing that the helium is flowing............... The company was immune to the general market, but investors have now lost confidence for obvious reasons.

RLT Price at posting: $1.98 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 86.0¢		Change 0.015(1.78%)		Mkt cap ! $26.08M

Open	High	Low	Value	Volume
85.5¢	86.0¢	85.5¢	$19.62K	22.94K

Buyers (Bids)

No.	Vol.	Price($)
1	999	86.0¢

Sellers (Offers)

Price($)	Vol.	No.
86.5¢	948	1

View Market Depth

No.	Vol.	Price($)
1	999	0.860
2	27286	0.855
1	5952	0.840
1	2523	0.810
1	1000	0.800

Price($)	Vol.	No.
0.865	948	1
0.875	500	1
0.900	7389	2
0.925	2000	1
0.990	1578	1

Last trade - 16.10pm 07/10/2024 (20 minute delay)

RLT (ASX) Chart