RLT 2.31% 88.5¢ renergen limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-31

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  1. 1,882 Posts.
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    I don't know why anyone holding this is bothered with the day to day share price. It is going to trade in this zone until we get further de-risking such as helium production. Once that is bedded in and RLT has proven phase 1 we will see movement. Phase 2 funding such as the IPO and the like will also affect the SP. I am really not bothering at the moment as I am not trading it. Too volatile and not enough shares on offer to make it worthwhile. Like many others, I have gone from a huge paper profit to a loss now. It is risk vs reward though. They get Phase 1 sorted, and funding for phase 2 underway, these doldrums will be quickly forgotten. The hardest part of investing is now (for me at least), holding with conviction and waiting.

    Cheers
    kk
 
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