I have no idea as to the reason for the capitulation. From what i have read online through socials (often take with a grain of salt), everything is progressing as normal.
Have read some stupid comments online creating negativity as RLT is not profitable, no dividends, overpriced...all rubbish. Appears as a concerted effort to downramp Renergen given its popularity in SA...bottom line is you dont need to look far to find idiots...
It would be nice to get an update from management to confirm this officially.
My only concern now is the CEF deal at the proposed price of AUD $7.00
I am still confident that the US funding of USD$500m will proceed, no idea on timelines
Renergen General Discussion, page-1533
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