RNE 0.00% 0.1¢ renu energy limited

Hi gattiweb, despite the relatively flat SP compared to the last...

  1. 1,843 Posts.
    Hi gattiweb, despite the relatively flat SP compared to the last round of drilling, the stock has held up 'extremely' well in the current market conditions, outperforming the entire sector by a wide margin (as would be expected!), and outperfoming the market as a whole.

    A successful GDY will outperform in any market conditions. There is nothing more fundamental to Australia than electricity. It is perhaps the only major commodity that cannot be substituted by imports (food products included). Demand will grow, and it needs to be met.
 
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