RNE 20.0% 0.4¢ renu energy limited

Ann: Annual Report, page-11

  1. 1,176 Posts.
    lightbulb Created with Sketch. 192
    The company will either have to sell investments to fund itself, or go back to market rattling the can.
    IF they had $150k at time of annual report, with this issue of 2mil shares at 2.3c will give them around $200k.
    Unless management chop their salaries, that money isn't gonna last long.

    Again, If RNE operates like an investment fund, why on earth are we paying management for running a company instead of a % of NAV.

    Ridiculous!

 
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