RNE 0.00% 0.5¢ renu energy limited

funding habanero 3

  1. 108 Posts.
    I got out as fast as I could after the ann (that is to say as fast as the Comsec system would allow me which was still only a canter not a gallop).

    There is now a new share issue overhanging the stock (not enough funds in the bank to drill Habanero 3 and run the company) which would have been a piece of cake if the grant application had been successful but is now not without some pain.

    I think the sp must trend down now and I'll think about getting back in in the 70s. All the greenhouse talk going on will prevent a real rout developing.
 
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