RNE 0.00% 0.6¢ renu energy limited

I've added recently at 0.022. In context though, my total...

  1. 155 Posts.
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    I've added recently at 0.022. In context though, my total investment by current share price is about 1.5% of my share portfolio.

    I think management are trying hard to turn the ship. "Trying" doesn't guarantee results of course and their prior effort have been lacking from a SP perspective to say the least. I like the technology they are trying to develop and whilst this will never likely result in huge changes to energy production in society, it can probably add some value if developed efficiently and reliably. For me, that goal is worth supporting even if the investment doesn't turn out positively.

    I agree that with a very small $ Market Cap, some good news and some good stable earnings and small profits could allow the company to settle, increase SP materially in % terms in a hurry (I'm not talking multiples though) and build a platform for future development.

    Only time will tell, but for now I'm happy to roll along with it.
 
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