RNX 6.67% 1.6¢ renegade exploration limited

Another thing: What is with the sudden volume today?Is an...

  1. 18,829 Posts.
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    Another thing: What is with the sudden volume today?
    Is an announcement imminent on the new mine plan? They did say end May.


    If so, given that when the share price was in the 30's and the retail end were told it was worth more than 40c just prior to tens of millions of discounted shares being issued and the recipients of those shares selling this down to 3c, I am guessing the next announcement will be that the company is worthless, the project wont be developed, and the share price is worth less than one cent, whereupon all the retail investors will sell their stock below 3c for a 95% loss and then, hey presto, in two years time it will be back up to 30c and worth 'more than 40c' again?

    What are the odds?
 
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2 827947 1.5¢
 

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Price($) Vol. No.
1.6¢ 271232 2
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