Haha, RNE cannibalising itself, again. As I predicted, they weren't able to sell any of their toxic shortfall shares and were also unable to find some idiot to invest in the, cough, cough, "business".
I hate to say I told you so.
And my god, they are only reducing the head honchos by one body? Are you kidding me? They will have virtually no revenue with just the bio assets, and will probably loss making (EBIT), so they need to reduce staff down to two or three. I predict the bio assets will be sold off shortly too.
I suggest this is the end of RNE.
Ann: ReNu enters agreement with CleanPeak to sell solar assets, page-5
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.727M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $68.52K | 68.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 116807301 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 64850503 | 23 |
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| Last trade - 13.57pm 11/11/2024 (20 minute delay) ? |
| RNE (ASX) Chart |