RLT 3.31% 73.0¢ renergen limited

Still here, researching how much helium will be used per super...

  1. 92 Posts.
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    Still here, researching how much helium will be used per super heavy rocket launch.

    If anyone has looked into that, please share, it would save me some time.

    The trading activity on the JSE is very suspect, examples include:
    - a 6% spread and no panic selling, then dropping 10,000 units at 6% lower than last traded price.
    - bid and ask numbers jumping around like a pinball machine with 1 buyer and seller on every line - must be brokers or bot or both
    - trades of 10 or 20 units constantly hitting the lowball bid side
    - as soon as there is buying pressure, the sellers disappear and the spreads widen
    - last half hour of every day the price gets hammered to ensure lower close
    not an exhaustive list but some of the things I see on screen

    My conclusion is that while everyone is waiting for results to come thru, manipulators for whatever reason are having a field day

    Why did Stef move to USA
    - he must be very confident that the plant is sorted and is getting on with business
    - confidence in the team in South Africa will get things done
    - South Africa is a short flight away if in person meetings are required
    - personal safety
    - Helium Hub in Brownsville = SpaceX = Airsol (Solgroup) - I am still looking for the answers here

    DYOR
    Last edited by Kiewiet: 09/11/23
 
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