In what I have seen so far renewable energy stocks trading on potential are not liked by the market.
I think RNE are a little bit ahead of that as they are already generating some income.
Not enough to get the market excited just yet but heading in the right direction.
If they can become cashflow positive as quickly as they say they can, the market will like it and reward them with a rise in the sp.
Ann: Company Update, page-47
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0.1¢ |
Change
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Mkt cap ! $1.727M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $3.1K | 3.1M |
| RNE (ASX) Chart |