Someone has identified that the JSE.REN can be converted into...

Someone has identified that the JSE.REN can be converted into ASX.RLT.

Current price on the JSE.REN is AU$1.36eq with ASX.RLT closing price AU$2. It is a 47% gain.



I forecast that the JSE.REN will rise to AU$1.60eq in the short term. ASX.RLT might correct to $1.60 and fill the gap. It is better if both exchanges are on parity anyway.

I will be buying. It is irrelevant how many shares on the JSE.REN vs ASX.RLT. In total there is only 117m shares on issue. Renergen is exploring for the biggest helium resource in the world. A few m more shares on the ASX.RLT won't stop it's meteoric run on drill results.