RLT 2.11% 93.0¢ renergen limited

Ann: Preliminary Final Report, page-102

  1. 1,879 Posts.
    lightbulb Created with Sketch. 470
    I hear you. But we went through this before. Prior to xmas Nov/ early Dec RLT was on the up, but got hammered through the new year period. We had similar comments on HC, basically dismay.

    Since then we have been on the up. Essentially gone from $1.20 to highs close to $3, now around $2. That is a pretty damn good trajectory, albeit recently we have pulled back.

    It is a low SOI share. It is easily manipulated or subject to rapid movement based on sentiment.

    Personally, I am just going to ride it out. I am not playing into anyone's hands by selling.

    The fundamentals are there. Patience is required.

    If it drops any further, I will be selling other shares to load up.


    https://hotcopper.com.au/data/attachments/3151/3151048-a8dcb3976235821f046d1151a14b8de5.jpg


  2. 5,138 Posts.
    lightbulb Created with Sketch. 788
    yeh I read that, thanks wobbly, I'm sort of having to disagree, you can't accumulate constantly & still keep pushing the price down (it's about 30% down now) plus I don't really see the shares changing hands where accumulation seems obvious.

    I'm no expert so you could be correct, I still do think if a CR is needed & Stefano has said this, then the market is responding accordingly & doing what they do best, screw the retail investor to swell their pockets.

    Either way, short term this has sucked bad lately.
 
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