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6.04%

79.0¢ renergen limited

If the sum is made on $61m (for only my personal logic) Solgroup...

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Kiewiet

123 Posts.

80

19/10/23

22:48

Post #: 70437737
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Originally posted by SpiderMonkeyZ: ↑

There are about 141m renergen shares if the ASX website is accurate

US$55m (about R1bn) for 10% of Tetra4 to the CEF or maybe to the SOL Group that means the 90% of Tetra4 left with Renergen is valued at AUD781m.

So that would value the remaining 90% of Tetra4 to Renergen would be valued at 781/141 = AUD5.54/share

For the Nasdaq IPO Renergen were hoping for a maximum of about 67.5m shares to raise US150m. So about AUD3.52/share.

Then longterm Phase 2 ebitda projections are about AUD500m/yr. So the goal is to minimise dilution along the way currently at about 141m shares. If the Nasdaq IPO can be done with 67.5m shares that'll be about 210m shares at that stage. With further about US200m to be raised 1-2 years later hopefully at a higher shareprice being closer to Phase 2 production. ebitda of AUD500m/yr and 250m shares on issue would be fantastic down the line if it can be pulled off

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If the sum is made on $61m (for only my personal logic)

Solgroup will bring alot of value and benefit to Renergen and therefore Renergen could potentially be selling Tetra4 at a reduced price due to the bigger picture

61*1.58*9=867.5/140=AUD6.2 (matchbox maths)

All speculation of course

RLT Price at posting: $1.17 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 79.0¢		Change 0.045(6.04%)		Mkt cap ! $23.95M

Open	High	Low	Value	Volume
75.5¢	79.5¢	75.5¢	$2.398K	3.075K

Buyers (Bids)

No.	Vol.	Price($)
1	4285	73.5¢

Sellers (Offers)

Price($)	Vol.	No.
85.5¢	11090	1

View Market Depth

No.	Vol.	Price($)
1	4285	0.735
1	50000	0.730
1	25000	0.715
2	12100	0.700
1	25000	0.685

Price($)	Vol.	No.
0.855	11090	1
0.880	7000	1
0.890	10600	1
0.920	7000	1
1.000	100	1

Last trade - 15.32pm 19/11/2024 (20 minute delay)

RLT (ASX) Chart