RNE 12.5% 0.9¢ renu energy limited

Ann: Placement raises $1.46m, page-21

  1. 5,610 Posts.
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    Overhead already becomes a historic story. Fact is now total staff cost circa $0.2m per quarter, you can check the last 2 QR and respect the fact. I donot know what overhead you are talking about.

    revenue & profits: your comments can be applicable and correct for >50% of ASX listed MC $50m companies, especially for more than 100 mining companies.

    we invest on a stock’s future, although current MC already fourfold + since I invested, RNE still dirty cheap as:

    Total 130m shares
    4m+ cash no debt
    MC$10m at 8c
    upcoming one high-tech acquisition
    new strategy “Keep to acquire and invest on high-tech in clean energy industry including hydrogen”
    Excellent management background
    institutional investors support
    most likely will expend the business scope as BRN & SOR (both are technology provider)
    has potential to supply high-tech products/service to clean energy industry in near future
 
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0.8¢ 0.9¢ 0.8¢ $16.17K 1.972M

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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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