That’s what I was thinking Spider - perhaps Renergen has decided to close the loop on the big cheques through Middle Eastern partners to raise the equity and unlock DFC & SBSA debt. The fact that a quick $10mn cheque to have (what looks like) optionality on a bigger play sounds promising to me.
Once Phase 2 is moving ahead and the capital is in place there are many ways to go ahead to unlock value through Nasdaq listings etc but Renergen would be primed for massive value creation. IMO DYOR
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Last
$1.08 |
Change
-0.040(3.57%) |
Mkt cap ! $32.75M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.09 | $1.05 | $23.15K | 21.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4726 | $1.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 2214 | 1 |
View Market Depth
| Last trade - 15.57pm 13/06/2025 (20 minute delay) ? |
| RLT (ASX) Chart |