RLT 1.41% 72.0¢ renergen limited

why is this drop a surprise to anyone? the recent spike...

  1. 438 Posts.
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    why is this drop a surprise to anyone?

    the recent spike wasn't exactly justified, that recent announcement wasn't a golden ticket by any means, the only thing that's changed is that the stock is now more liquid on the ASX. making it less volatile than it was two weeks ago, which for any investor is a good thing.

    of course it wasn't going to take a lot for it to rocket with such a small SOI, this is drop after a 100% increase for IMO no justified reason, these are still good levels. Fundamentals have not changed, neither should the directors interests in scheduled updates and business objectives just because some people got it on a huge pump and now seeing it retrace, if you ever believed in this stock to begin with, now is the time to simply accumulate.

    Talking on Twitter is a form of advertisement for the company, he's not doing it instead of writing announcements for the company, he's doing both which is more than what some companies do.

    grow up.
 
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