RNE 8.33% 0.7¢ renu energy limited

Yeah I'm not sure I agree with that one. Plenty of P&Ds on the...

  1. 445 Posts.
    lightbulb Created with Sketch. 106
    Yeah I'm not sure I agree with that one. Plenty of P&Ds on the ASX speccy end but I wouldn't throw RNE in that basket just yet.

    Am assuming you've read absolutely nothing on the company but have a read over the recent Countrywide hydrogen acquisition. Their board wouldn't come onboard RNE and approve the acquisition if this was some giant pump and dump. They've got too much invested (monetarily and emotionally) to throw it away on some petty P&D.

    And as mentioned, there are blue chips down 50% for christ sake, what do you think is going to happen to penny dreadfuls? Difference being we can run back to 10c quite easily, given the minimal SOI, and still only be capped around $30mil cap.
 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.001(8.33%)
Mkt cap ! $4.496M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $233 33.54K

Buyers (Bids)

No. Vol. Price($)
22 3987914 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 86886 3
View Market Depth
Last trade - 10.23am 02/05/2024 (20 minute delay) ?
Last
0.7¢
  Change
0.001 ( 7.14 %)
Open High Low Volume
0.7¢ 0.7¢ 0.7¢ 3549
Last updated 10.24am 02/05/2024 ?
RNE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.