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.
