RNE 0.00% 0.8¢ renu energy limited

no surprise. Seriously is there anyone who knows how this...

  1. 5,651 Posts.
    lightbulb Created with Sketch. 403
    no surprise. Seriously is there anyone who knows how this company can make any profits? Buyers punting on more new buyers will buy their shares at higher price, but I don’t think many people will punt on a business which has no idea how to make profit.

    non binding, up to 100m , these also increased the uncertainty, plus funder clearly stated it could invest on the project if they are satisfied, not on RNE, RNE may be nominated a fee. But where is the project to invest? How to make any profits from the project? Totally no idea.

    until there is a substantial market demand for green hydrogen energy in Australia and government agrees to pay for the loss, I don’t think there is any chance to make profits, and I don’t think a show case will come in next 5 years.
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $5.809M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $7 909

Buyers (Bids)

No. Vol. Price($)
8 1881270 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1697229 6
View Market Depth
Last trade - 15.59pm 30/05/2024 (20 minute delay) ?
Last
0.8¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.8¢ 0.8¢ 0.8¢ 94
Last updated 15.59pm 30/05/2024 ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.