The problem is we should have been pumping helium 2 years ago. This would have meant that phase 2 would only be appx 2-3 years away. The share price wave would have continued rising on this narrative, together with new investors onboarding. Unfortunately this game has changed significantly. Phase 2 will be some 5-6 years away and phase 1 will run at a loss until then.
I really can't see any catalyst that will move the current price more than 20% other than a takeover. An initial 5-6 year investment to achieve dividends is now some 8-10 years away from today. And that my friends is why you need to keep your shareholders informed of the good and the bad.
Would have smacked the market to this current level in one hit and would have saved many from topping up in the 2's and 3's and would have allowed true believers - loyal shareholders, the opportunity to top up at this current price.
Unbelievable how management have truly Fxxked this up! Dumb luck lead them to the discovery, unfounded blind faith in their own abilities have proven to have fooled them and us all. All except Ivanhoe, they got to sit down and face these mumbling idiots first hand!
I'm sorry, I don't buy this buckle up bs, the charts, the I'm in the cue. There hasn't been a day in 2024, that my holdings has been transacted, there are 7 buyers in the cue for a total of 33k shares ffs!
- Forums
- ASX - By Stock
- RLT
- Renergen General Discussion
Renergen General Discussion, page-2751
-
- There are more pages in this discussion • 853 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RLT (ASX) to my watchlist
(20min delay)
|
|||||
Last
88.5¢ |
Change
0.020(2.31%) |
Mkt cap ! $26.83M |
Open | High | Low | Value | Volume |
86.5¢ | 90.0¢ | 86.5¢ | $8.796K | 9.837K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 88.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
92.5¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 0.880 |
1 | 9370 | 0.875 |
1 | 25000 | 0.860 |
1 | 5952 | 0.840 |
1 | 25000 | 0.835 |
Price($) | Vol. | No. |
---|---|---|
0.925 | 2000 | 1 |
0.990 | 1578 | 1 |
1.000 | 898 | 1 |
1.030 | 6000 | 1 |
1.050 | 42490 | 2 |
Last trade - 14.39pm 11/10/2024 (20 minute delay) ? |
Featured News
RLT (ASX) Chart |