RLT 0.50% $1.01 renergen limited

Renergen General Discussion, page-3094

  1. 592 Posts.
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    Given stef and co have shares I would assume delist would be unlikely. Buy out more likely if phase 1 fails. A fair profit in the worst case scenario might be the best we could hope for.

    There is still value and interest in developing this resource. The current SP is even a discount to the capital assets on the ground without even considering production. It's as if the market thinks the assets developed are imaginary with current pricing.

    However, Stef really did draw us all along for a ride here. I feel like I fell down a cliff going after that carrot dangling infront of me. I think this feeling of being fooled is the biggest factor in the current SP. Unfortunately we, the shareholders are suffering for this folly.

    I'm here to see where this goes anyway
    Last edited by Sussudio: 19/07/24
 
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