RLT 10.8% 62.0¢ renergen limited

Given stef and co have shares I would assume delist would be...

  1. 588 Posts.
    lightbulb Created with Sketch. 87
    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: Today, 00:52
 
watchlist Created with Sketch. Add RLT (ASX) to my watchlist
(20min delay)
Last
62.0¢
Change
-0.075(10.8%)
Mkt cap ! $18.80M
Open High Low Value Volume
68.5¢ 68.5¢ 62.0¢ $56.22K 85.25K

Buyers (Bids)

No. Vol. Price($)
2 5999 62.0¢
 

Sellers (Offers)

Price($) Vol. No.
68.0¢ 8600 1
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
RLT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.