RLT 1.18% 84.0¢ renergen limited

RLT CHART, page-1146

  1. 3,004 Posts.
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    Your missing something here Putt, forget the attack comments. Any CR is a dilution, what was interesting was the CR was never enough to warrant insto involvement and hence back at square 1 with existing copping 6% dilution and no real insto involvement. Grab for cash!
    I think it’s reasonable to assume 100-1 is silly, and please remember this is all JIMO, at 1b SOI the company can expect Insto investment. A large investor cannot take a stake in Renergen at current prices and SOI.

    So assume, Things remain as they are with a Chinese investment of 13.5% and free float of 47%, equity is going to be very hard to aquire. Maybe not in JSE but they are along way behind the times market wise.
    So how does one aquire a % when 80k of shares up for sale?
    I am 2 years behind my expectations of ASX300 for these simple reasons.

    Too answer your last question, I invested very early in the company, 2019 in fact. Holding account and trading account. Many of my associates are invested.

    Always been bullish, ask Chaya etc. I just won’t accept fanfare without questioning.

    Fanfare #1 The company is unproven.

    Take care Putt.


 
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Last
84.0¢
Change
-0.010(1.18%)
Mkt cap ! $25.47M
Open High Low Value Volume
85.0¢ 85.0¢ 84.0¢ $3.223K 3.803K

Buyers (Bids)

No. Vol. Price($)
1 25000 81.5¢
 

Sellers (Offers)

Price($) Vol. No.
84.0¢ 235 1
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Last trade - 15.51pm 12/09/2024 (20 minute delay) ?
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