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1.20%

82.5¢ renergen limited

Ann: MULTIPLE PHASE 2 HELIUM SALES AGREEMENTS SECURED, page-66

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Kit Walker

9,523 Posts.

1159

04/08/21

10:48

Post #: 55016571
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Originally posted by archer: ↑

I'm at a loss to comprehend this market reaction. The helium was meant to be the focus and a huge source of revenue and we have pre sold 65% of that. All I can gather is that market needs to see the final resource upgrade to prove we have something to sell.
Beyond this it makes no sense.
makes me think back to a comment I read on the bird by some trader. "the market can stay irrational longer then you can stay solvent"

Whilst I always and still believe this company to have a life changing potential, I am glad I didn't lose my head and kept my majority holdings elsewhere. It also allows to sit back and leave this in bottom draw until market wakes up or I finally realise I stuffed up.

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Sensible post.
It has a lot to do with following the leader and the current market darlings, RLT is not one. Irrational, and the only thing to do is put it in bottom drawer as you say and believe that fundamentals will win in the long run, could be a few years.

Last edited by Kit Walker: 04/08/21

RLT Price at posting: $1.52 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 82.5¢		Change -0.010(1.20%)		Mkt cap ! $25.32M

Open	High	Low	Value	Volume
84.0¢	84.0¢	80.5¢	$6.255K	7.55K

Buyers (Bids)

No.	Vol.	Price($)
1	2201	82.5¢

Sellers (Offers)

Price($)	Vol.	No.
85.5¢	4826	2

View Market Depth

No.	Vol.	Price($)
1	2201	0.825
1	4000	0.820
2	1353	0.815
1	50	0.810
2	6261	0.805

Price($)	Vol.	No.
0.855	4426	2
0.860	50	1
0.865	630	2
0.890	36659	1
0.950	35000	2

Last trade - 13.26pm 29/05/2024 (20 minute delay)


Last 84.5¢			Change -0.010 ( 2.87 %)
Open	High		Low	Volume
83.5¢	84.5¢		83.0¢	4264
Last updated 13.43pm 29/05/2024 ?

RLT (ASX) Chart