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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Your missing something here Putt, forget the attack comments....
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Last
79.0¢ |
Change
0.045(6.04%) |
Mkt cap ! $23.95M |
Open | High | Low | Value | Volume |
75.5¢ | 79.5¢ | 75.5¢ | $2.384K | 3.057K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4460 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 19391 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4460 | 0.740 |
1 | 4285 | 0.735 |
1 | 50000 | 0.730 |
1 | 25000 | 0.715 |
2 | 12100 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.845 | 19391 | 2 |
0.855 | 11090 | 1 |
0.880 | 7000 | 1 |
0.890 | 10600 | 1 |
0.920 | 7000 | 1 |
Last trade - 14.25pm 19/11/2024 (20 minute delay) ? |
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RLT (ASX) Chart |