RNE 16.7% 0.5¢ renu energy limited

is it rock bottom?, page-3

  1. 141 Posts.
    The 10 March presentation said another capital raising early this year. It mentioned a placement specifically.

    Plus on 4 March GDY was dropped from the ASX300, and some institutions would be selling just because of that.

    That is enough bad news to explain the SP in the short term.

    The chance to be an alternative to nuclear is a plus, but would need something concrete.

    I am watching and waiting to find a bottom.
 
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