RNE 6.67% 0.7¢ renu energy limited

Ann: Company update, page-4

  1. 136 Posts.
    lightbulb Created with Sketch. 14
    what's their new pay? 400k instead of 500k? and did they scrap everything they were doing? Is this some kind of fresh start? How come they're now a pure hydrogen play weren't they doing some kind of geothermal or something before and what happened to all the other projects that they were invested in. This is the first I've heard of them having anything to do with hydrogen? And wasn't hydrogen super unprofitable according to some people in china? I'm also confused about the prospects of hydrogen like "hydrogen bombs"? like isn't this stuff super dangerous not sure why hydrogen is even going to be a fuel source in the first place that honestly sounds like a disaster waiting to happen but that may be my own lack of understanding but I wouldn't want a hydrogen powered truck near where I live... Basically is this actually a legit company anymore? I had some stuff in it before but sold out ages ago when I was rebalancing portfolio and was looking at some green plays but this just seems a bit ??? not sure how things seem to have gotten this bad if anyone could give me a run down on wtf happened cause like how come they're a pure hydrogen play now like what I don't understand.
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.001(6.67%)
Mkt cap ! $4.841M
Open High Low Value Volume
0.7¢ 0.8¢ 0.7¢ $6.293K 867.9K

Buyers (Bids)

No. Vol. Price($)
23 3738478 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 370000 3
View Market Depth
Last trade - 15.59pm 17/05/2024 (20 minute delay) ?
Last
0.7¢
  Change
-0.001 ( 6.67 %)
Open High Low Volume
0.8¢ 0.8¢ 0.7¢ 570826
Last updated 15.59pm 17/05/2024 ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.