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33.3%

0.8¢ renu energy limited

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

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rep96

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177

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 0.8¢		Change 0.002(33.3%)		Mkt cap ! $5.809M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$4.098K	562.5K

Buyers (Bids)

No.	Vol.	Price($)
4	1040164	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1767492	4

View Market Depth

No.	Vol.	Price($)
4	1040164	0.007
34	10295620	0.006
17	5856832	0.005
3	1900000	0.004
6	2396166	0.003

Price($)	Vol.	No.
0.008	1767492	4
0.009	2964152	7
0.010	1613040	3
0.011	6692904	9
0.012	654011	3

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last 0.8¢			Change 0.002 ( 33.3 %)
Open	High		Low	Volume
0.8¢	0.8¢		0.7¢	165358
Last updated 15.59pm 23/05/2024 ?

RNE (ASX) Chart