RLT 1.20% 82.5¢ renergen limited

We can blame Albie all we want.The simple fact of the matter is...

  1. 461 Posts.
    lightbulb Created with Sketch. 112
    We can blame Albie all we want.
    The simple fact of the matter is we are heading in the wrong direction at a rate of knots.
    If Renergen had successfully commissioned phase 1, resulting in actual sales, then the likes of Albie would be whistling in the wind.
    We are heading in the wrong direction as none of the above has been successfully completed.
    Don't blame shorters, or games being played, or the Chinese, or the naughty fairies at the bottom of the garden.
    If we had a working plant and were selling helium there would be buyers lining up around the block.

    There is some type of Stockholm Syndrome here where no matter what happens with the SP, and no matter how many deadlines and deliverables the current management team miss, the cheerleading and excuse making continues unabated.

    What would the current long term holders think if someone told them in 2012 or 2022 that the SP in Feb 2024 would be 85c.
    You would have told them they were idiots and laughed them off the forum - but here we are.

    So I ask the positive types, at what point will you admit the current team are not up to it - 2025, 2026, 2027?
    As previous, I'd be totally ecstatic to be proven wrong as it means I may recoup the several hundred grand I'm in the red.
    And no I won't be selling. Doesn't mean I can't express my frustration and despair at where we find ourselves.


 
watchlist Created with Sketch. Add RLT (ASX) to my watchlist
(20min delay)
Last
82.5¢
Change
-0.010(1.20%)
Mkt cap ! $25.01M
Open High Low Value Volume
84.0¢ 84.0¢ 80.5¢ $6.255K 7.55K

Buyers (Bids)

No. Vol. Price($)
1 2201 82.5¢
 

Sellers (Offers)

Price($) Vol. No.
85.5¢ 4748 2
View Market Depth
Last trade - 13.26pm 29/05/2024 (20 minute delay) ?
Last
84.5¢
  Change
-0.010 ( 2.87 %)
Open High Low Volume
83.5¢ 84.5¢ 83.0¢ 4264
Last updated 13.43pm 29/05/2024 ?
RLT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.