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1.18%

85.5¢ renergen limited

Ann: Gas strike at MDR1 to supplement production capacity, page-77

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SpiderMonkeyZ

4,134 Posts.

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12/03/21

11:21

Post #: 51715391
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Originally posted by CarloFerreira: ↑

They are a billionaire family with ties to the Chinese military they hold 40% of the company and are here for the resources as Helium is one of the most valuable assets the military can obtain, but wait there is more 14% of renergen is owned by the USA plus a 40million dollar interest free loan!!! Nothing is for free in life let alone intrest. Can anybody guess which 2 nations are currently conflicting with one another? USA and China they are both here for our Helium resources atracted by our volume and grade there will be a bidding war to who gets their hands on the resources!! Last year Helium was up 44% i wonder how much inflation this bidding war will create? The SP will be reflecting this when the day comes and if you ask me that will be bigger than Elon buying our Helium for his little rockets!!

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Notable Pioneer about 11% overall of the 117m shares. However hold all of their shares on the ASX so about 40% of the ASX at the moment.

Given tight global supplies of helium and risks China would not be able to source any from the US they could be getting desperate to secure helium supply going forward

RLT Price at posting: $1.72 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 85.5¢		Change 0.010(1.18%)		Mkt cap ! $25.62M

Open	High	Low	Value	Volume
85.5¢	85.5¢	85.5¢	$19.42K	22.71K

Buyers (Bids)

No.	Vol.	Price($)
1	50	86.0¢

Sellers (Offers)

Price($)	Vol.	No.
86.5¢	948	1

View Market Depth

No.	Vol.	Price($)
1	50	0.860
2	2336	0.855
1	50	0.850
1	5952	0.840
1	25000	0.815

Price($)	Vol.	No.
0.865	948	1
0.875	500	1
0.895	2112	1
0.900	7389	2
0.920	50	1

Last trade - 11.23am 07/10/2024 (20 minute delay)

RLT (ASX) Chart