RNE 0.00% 0.2¢ renu energy limited

Ann: Annual Report, page-14

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  1. 5,748 Posts.
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    No surprise, when you watched the SP in 3c range, buy / sell looks like same group people for me LOL

    RNE has few bankers behind and always, I think they have lost a lot ofmoney by trying to maintain the SP. Now they nearly surrendered.

    Glad to see some people now start to understand what this company doing: to spend shareholders money . imv. 4m a year on investment and 4m a year for their people themselves??

    for me , the origin investment means RNE also increased book value is bullshit and misleading. I don’t think origin just invest, there could be other terms we don’t know at all , like the distributionship, IP sharing , totally different story.

    I also suggest to forget its hydrogen stories , as I was told by a clean energy fund manager in China, they finally will give up all hydrogen projects on hands and now start to believe Musk’s view on hydrogen- rubbish. Even if they can get the cheapest electricity supply cost of 3 AUD cent per kw, much much lower labour cost compared with Australia, they still lose truck load cash every month.
    Last edited by sydney6791: 14/11/23
 
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