This funding solution is a game changer. It's a business in it's own right -as I see it. The tokens space is independent of the share market. Renergen's activities in this space fall outside ASIC regulation- the beauty of innovation. That means fund raising is at the discretion of management - they can do it as frequently as the tokens market allow it.
They can raise funds for:
1) paying off debts
2) expansion -like phase 2
3) general working capital
4) buying back shares-this will be good
5) buying other companies -hey
We are just in for a big surprise. Wait and see.
This funding solution is a game changer. It's a business in it's...
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Last
91.5¢ |
Change
0.030(3.39%) |
Mkt cap ! $27.74M | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 92.5¢ | 89.5¢ | $5.652K | 6.166K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1369 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 1578 | 1 |
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| Last trade - 14.30pm 14/10/2024 (20 minute delay) ? |
| RLT (ASX) Chart |