RNE 0.00% 0.2¢ renu energy limited

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  1. 3,159 Posts.
    Buy at the top, sell at the bottom... Always a good plan :)

    But seriously, if you don't like what you see, and you are worried about your investment, getting out is probably the best idea.

    Cash accounts are making a pretty good return at present. With interest rates up and all.

    But in my humble opinion, look at the way power generation technology is moving (eg.Clean).. Work out how much power GDY will generate for Australia, think about the amount of years GDY will be able to deliver that energy... Think about whether Australia will continue to use electricity in the future... imagine if GDY was at the forefront of a global movement in Geo Thermal Tech... and finally look at the market caps and price of present day power companies.

    Heck... I think I might buy some more GDY while its cheap.

 
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