RNE 14.3% 0.6¢ renu energy limited

Ann: ReNu Energy to Acquire Countrywide Renewable Hydrogen, page-88

  1. 7,575 Posts.
    lightbulb Created with Sketch. 32
    Yep retail always scared of a CR.

    This company needs funds to grow exponentially. Then the SP will grow exponentially!

    So 270mil SOI here plus 20mil oppies.

    Say they raise 60mil shares at 8c (I think it will be much higher SP that is and less shares issued)

    350mil total

    100mil MC which I think is cheap still with a raise included = 32c per share


    DYOR research but IMO this is a gift here
    Last edited by TraderGT: 12/11/21
 
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