Some key points to consider
The valuation for IPO is not based on Phase 1 generating $1m or breaking even in the short term.
Phase 1 = proof of concept.
After performing various due diligences based on record not available to the general public,
- MGE invested an equivalent of +$5 share
- DFC and Standard Bank provided $750m funding
The requirement to unlock DFC funding and Standard bank loan
- Nasdaq IPO (see below) and other conditions
The focus and end goal is Phase 2 and getting there ASAP. Time is money as we have all seen with the delays
Renergen has now achieved all the milestones to proceed with the IPO and then start Phase 2
IPO valuation based on precedent set by MGE transaction / other transactions valuing helium reserves
- Forums
- ASX - By Stock
- RLT
- Renergen General Discussion
Renergen General Discussion, page-3218
-
- There are more pages in this discussion • 531 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RLT (ASX) to my watchlist
(20min delay)
|
|||||
Last
90.0¢ |
Change
0.055(6.51%) |
Mkt cap ! $27.29M |
Open | High | Low | Value | Volume |
79.5¢ | 91.5¢ | 79.0¢ | $50.28K | 58.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 78.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 19999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25254 | 0.765 |
2 | 1778 | 0.760 |
1 | 25000 | 0.735 |
1 | 4285 | 0.700 |
1 | 12861 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 19999 | 1 |
1.000 | 100 | 1 |
1.050 | 42490 | 2 |
1.100 | 1000 | 1 |
1.300 | 13326 | 1 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
Featured News
RLT (ASX) Chart |