RLT

1.06%

71.8¢ renergen limited

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ZaraahMichelle

908 Posts.

143

12/09/21

10:51

Post #: 56000037
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Originally posted by Launched: ↑

I don't think that proves much at all.

It's possible to be long and short at the same time.

I'm still holding my long position in RLT and don't plan on selling till I see the whole story play out - and if the story becomes so good (RLT pays dividends) then perhaps I won't sell at all.

However I put a pretty hefty short on the XJO on close Wednesday. If I'm honest got out way too early on Thursday cause that thing dumped all day with barely a bounce in sight.

Luckily I rolled that into a short on the SPX which I'm still holding now and was very happy to see that sell off after record PPI numbers.

I don't like market fundamentals overall here in Oz or in the US and a pullback is well overdue - it must be close as we've just seen two members of the Fed sell their equities for 'ethical' reasons. lmfao
I'd say more like 'valuation' reasons but was a good way to try and cover this up...

The fact that markets are overcooked doesn't take away from the value or potential Renergen has. Helium is on the critical elements list for the US and Renergen has some of the best grades on the planet.

So the demand for overbought US equities may start to waver soon however the demand for a premium resource like Renergen's will start to shine through soon enough.

Hence why it's possible to be bullish and bearish at the same time.

Lockdown is pretty negative and bloody boring so I think everyone has way too much time on their hands to rant atm. There's plenty of garbage on hc at times but I welcome anyone with different views even if they come in the form of a decent rant every so often. God knows I do, lol.

Hopefully in the not too distant future both lockdown and RLT having a single figure is sp is just a memory...

GLTAH and enjoy the weekend while it's here; you know I will!

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Rubbish on HC don't be absurd!

Not all of us are in lockdown jail.
Happy Sunday to all.

RLT Price at posting: $1.95 Sentiment: Buy Disclosure: Held
7 Upvote

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(20min delay)
Last 71.8¢		Change 0.008(1.06%)		Mkt cap ! $21.75M

Open	High	Low	Value	Volume
71.0¢	73.0¢	71.0¢	$6.818K	9.518K

Buyers (Bids)

No.	Vol.	Price($)
1	350	69.0¢

Sellers (Offers)

Price($)	Vol.	No.
73.5¢	4000	1

View Market Depth

No.	Vol.	Price($)
1	350	0.690
1	1574	0.635
2	10000	0.630
1	1612	0.620
1	1654	0.605

Price($)	Vol.	No.
0.735	4000	1
0.750	5750	1
0.760	681	1
0.770	2500	1
0.830	6500	2

Last trade - 15.56pm 02/08/2024 (20 minute delay)

RLT (ASX) Chart

RLT CHART, page-731

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

RLT CHART, page-731

Top Stories

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News