RNE
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0.00% 0.2¢ renu energy limited

Explanation Required, page-35

  1. Bakmaam90
    2,859 Posts.
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    26/10/18
    19:38
    Post #: 36279495
    So having said all that... I approve Consolidation at 10:1
    I would rather raise $4 million by CR starting at 96 million listed and finishing at 160 million and having funds to install another Project whether Bio, Solar or both than a CR at 0.7cents and ending up with 1.5 Billion listed.. the increased value of assets is at a better ratio at 150m listed than 1.5 billion listed... there might be a term for that...stuffed if I know... haha

    Come folks...seriously, am I missing something here?
    RNE Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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