RNE 0.00% 0.4¢ renu energy limited

Not just any indicator but a Keith Nielsen indicatorWord is...

  1. 1,530 Posts.

    Not just any indicator but a Keith Nielsen indicatorWord is placement for 5 mill extremely oversubsrcibed.
    Origin energy wanted to take the whole 5 million $ worth.
    Company has now decided that with demand so strong they will increase placement from 5 mill to 15 mill$

    Im guessing drilling is going ahead well, and for origin to take up the 5 mill is a very strong sign.

    Will be plenty in the kitty now to get pilot plant up and running...should see $3 + by then especially with current oil price

    buy on weakness imo
 
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