RNE 13.5% 3.2¢ renu energy limited

full steam ahead

  1. 257 Posts.
    Like most other companies since mid May we have seen GDY s/p driven down by hedge funds having to sell their positions at any costs to meet redemptions , which in turn put margin lenders at risk , forcing further selldowns , which further spooked uncertain shareholders into selling.

    The time has arrived where this cycle has abruptly stopped and the market having been ridculously oversold and will
    return to pre-May values

    You will observe this whole cycle with regard to GDY was done with relatively low daily volumes , all the more reason to now see this share price return as quickly as is now happening.

    There are a large number of fully committed believers in this company from Origin Energy down to the mums and dads who want to leave this world a better place for our children.

    Also just as highly committed is your management in GDY who I believe will leave no stone unturned to achieve the huge goals coming from success in this cutting edge tecknowledgy to provide the world with renewable ,24/7 , low immision power.

    My wish is to now see management able to kick the goals needed with Power to Innaminka and a sizable Fed. Govt funding committment over coming months ,that will
    ensure the $2 options are exercisable in late Feruary.
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Mkt cap ! $3.860M
Open High Low Value Volume
3.6¢ 3.6¢ 2.9¢ $29.59K 916.2K

Buyers (Bids)

No. Vol. Price($)
1 100000 2.9¢

Sellers (Offers)

Price($) Vol. No.
3.5¢ 14128 1
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Last trade - 16.10pm 30/10/2020 (20 minute delay) ?
-0.005 ( 2.86 %)
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3.4¢ 3.4¢ 3.4¢ 50000
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