Your missing something here Putt, forget the attack comments. Any CR is a dilution, what was interesting was the CR was never enough to warrant insto involvement and hence back at square 1 with existing copping 6% dilution and no real insto involvement. Grab for cash!
I think it’s reasonable to assume 100-1 is silly, and please remember this is all JIMO, at 1b SOI the company can expect Insto investment. A large investor cannot take a stake in Renergen at current prices and SOI.
So assume, Things remain as they are with a Chinese investment of 13.5% and free float of 47%, equity is going to be very hard to aquire. Maybe not in JSE but they are along way behind the times market wise.
So how does one aquire a % when 80k of shares up for sale?
I am 2 years behind my expectations of ASX300 for these simple reasons.
Too answer your last question, I invested very early in the company, 2019 in fact. Holding account and trading account. Many of my associates are invested.
Always been bullish, ask Chaya etc. I just won’t accept fanfare without questioning.
Fanfare #1 The company is unproven.
Take care Putt.
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Last
84.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.47M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.0¢ | 2486 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.825 |
1 | 1000 | 0.800 |
1 | 25000 | 0.795 |
2 | 6800 | 0.750 |
1 | 15000 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.840 | 2486 | 2 |
0.850 | 7698 | 1 |
0.865 | 50 | 1 |
0.870 | 50 | 1 |
0.875 | 1311 | 2 |
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