RNE 20.0% 0.4¢ renu energy limited

I’m new to this forum, looking for some confirmation on the...

  1. 65 Posts.
    lightbulb Created with Sketch. 18
    I’m new to this forum, looking for some confirmation on the consideration shares being issued to shareholders in CRH. Why does RNU state the shares are at an issue price of $0.0688? As far as I can tell there is no-one paying for their shares. Do they just nominate this price for accounting purposes, so the transaction can go on the books at an agreed price?

    Appreciate some clarity.
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $2.904M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $128 30.22K

Buyers (Bids)

No. Vol. Price($)
27 10050912 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 4218203 9
View Market Depth
Last trade - 15.42pm 31/07/2024 (20 minute delay) ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.