Renergen General Discussion, page-3083

HE1 story is a 2.8p ipo with about 200m shares it reached 28p on hype of a discovery but never eventuated so dropped to 0.2p at its low and now over 5billion shares I think.. Also went from 0.2p to over 2p I think not long ago. So money made on it if timed right or major losses if bought at 20p+ and didnt sell.. From 0.2p it would need HE1 to rise x140 to return to its peak with much more shares on issue now so a hard task they'd need to hit a major discovery..

Anyway HE1 is an explorer yet to confirm clearly any commerciality whilst Renergen is world class with its significant proven reserves worth billions in the ground.

Anyway some sort of an agenda agree behind those controlling the bot on Renergen

Question is whats their agenda?

1. Shorting?
2. Accumulating?
3. Once finished shorting and/or accumulating will they go long and reprogram the bots to push up the price where they can?
4. Spreading FUD fear uncertainty doubt on social media like on X?
5. Someone trying to do a takeover by stealth? Haven't seen any details of someone increasing their holdings with major shareholder notices however?
6. Something else?

PS agree renergen would now probably like as many shares on the nasdaq as possible away from the asx and jse assuming the nasdaq ipo goes ahead soon