RNE 0.00% 0.6¢ renu energy limited

No Brainer

  1. 210 Posts.
    lightbulb Created with Sketch. 33
    This stock to me is a sleeping giant in my eyes. what other stock at 1.2c has the below assets.
    Also renewable energy is not going anywhere, the assets have long term revenue agreements in place with strong ROI making it recession proof.

    Assets
    1. 13m in the bank.
    2. 2.1m ARENA grant for, 1.6MW bio-gas plant
    3. Market cap of 9m
    4. Alliance agreement with Vivo Power(PLC) a subsidiary of Arowana, (AWN) 600kW Amroo Solar PV Project, with 20 year ACT government FIT + LGCs
    5. Pipeline to be Announced.

    Am i missing something here? this company will have revenue as soon as the Amaroo contacts have been completed and soon after the bio-gas plant. These two projects alone should cover all operational costs with profit to spare. DYOR.
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $4.357M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $89 17.70K

Buyers (Bids)

No. Vol. Price($)
8 1382362 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2200781 7
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.