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0.7¢ renu energy limited

No wonder they resorted the death spiral financing.The cash at...

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rep96

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27/10/23

16:42

Post #: 70582160
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Originally posted by Bakmaam90: ↑

Financial Position
The Group has net operating cash outflows for the year of $3,255,285 and as at 30 June 2023 has cash and cash equivalents of $1,308,085. Subsequent to year end, the Group paid the third tranche of $250,000 to acquire a further 5% interest in an associate, Vaulta Holdings Pty Ltd. At the date of this report, the Group had $ 335,035 in cash and cash equivalents. The Group completed an oversubscribed private placement to sophisticated and institutional investors on 29 November 2022, raising $4,530,000.

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No wonder they resorted the death spiral financing.
The cash at hand won't even last them a quarter of their wages.
The coffin is calling...

RNE Price at posting: 2.3¢ Sentiment: None Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $4.841M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$15.28K	2.064M

Buyers (Bids)

No.	Vol.	Price($)
16	3790199	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	874002	6

View Market Depth

No.	Vol.	Price($)
16	3790199	0.007
23	7719877	0.006
14	3803499	0.005
2	1350000	0.004
7	2562833	0.003

Price($)	Vol.	No.
0.008	624002	5
0.009	768001	2
0.010	1863040	4
0.011	7492904	10
0.012	304011	2

Last trade - 16.10pm 14/05/2024 (20 minute delay)


Last 0.7¢			Change 0.000 ( 6.67 %)
Open	High		Low	Volume
0.8¢	0.8¢		0.7¢	1150249
Last updated 15.57pm 14/05/2024 ?

RNE (ASX) Chart