RNE 16.7% 0.7¢ renu energy limited

out of favor

  1. 559 Posts.
    I can not believe the way GDY's SP has been moving since it announced it is one step away from completing 'proof of concept'.

    Do we have any 'Market Psychologists' about to explain why people would not think this is a good buy at these levels? I expected a rebound to over $2 once the well was completed, and for the Sp to be $3+ once 'proof of concept' is confirmed.

    I've been a long term holder, but a lot of others obviously don't share my enthusiasm for this potential huge step in Australian energy development.

    Worst thing is I've run out of cash to be buying in at these levels.
 
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