RNE 0.00% 0.3¢ renu energy limited

Could be an opportunity here. It looks like the $10M has been...

  1. 1,219 Posts.
    lightbulb Created with Sketch. 80
    Could be an opportunity here. It looks like the $10M has been spent on the last quarter remediating. $2.926M has been received from origin, so I would expect a $3M R&D payment to be received this quarter. Someone has been dropping quite a few in the last few days.

    The previous quarter had some negatives, mainly in the area of increased costs. I like that the director is more forthright than the last and is putting out more information (warts and all).

    Market cap of $11.8 at 2.1c $14.678M cash with another $3M coming (if my r&D assumption is correct).

    Screen Shot 2016-07-29 at 9.55.05 am.png
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $1.815M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 1000000 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 953000 2
View Market Depth
Last trade - 16.12pm 30/08/2024 (20 minute delay) ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.