Renergen General Discussion, page-601

Money makers are doing their thing, capping and driving the price down in my view. The volume is low, retail are paper handed selling.




I look at the chart and see $1.90 approximately too, or lower if this remains unchecked.
A couple of things to remember though, and LT holders will; we have had several epic rises and falls (numbered 1-4 below).
The current channel 4-5 has just been a grind downward. I am not an EW guy, maybe someone here is A, B, C? So waiting for wave count 1 to take us to 6 and beyond on the chart?!



News still required. Management doing an abysmal job now on keeping the market informed, especially in prevailing market conditions. Disappointing really. They did such a great job for so long telling us what was happening, and now it is deafening silence. The change in approach has thrown people in what are already uncertain times in my view.

Still holding, not sold any. Not buying, but would if I had the cash to, but I have other priorities (not shares - important life priorities!).


Cheers
Allan