RNE 6.67% 7.0¢ renu energy limited

in the news

  1. 1,484 Posts.
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    The only thing driving this stock higher is exposure.

    Nothing has really changed in the last two weeks.

    Sure they have got their cornerstone investor but that really was a given and that alone has not caused this stock to rise 35% in two weeks.

    The price has only been driven higher because of the recent spate of articles in the newspaper etc

    Don't get me wrong - I am a strong believer in GeoDynamics and think the potential is huge.. I bought into the stock about 3 weeks ago.

    So why the post.

    GDY are going to get plenty more news coverage in the coming weeks so I expect to see the price move higher still.

    - GeoDynamics MD is going to be giving a speech about their operation at the 2nd annual Renewable Energy Conference in Sydney on the 20th of this month. http://www.terrapinn.com/2003/renew_AU/

    - Mandatory Renewable Energy Target review board due to report back to the government in late September.

    - Drilling update - Geodynamics resumed drilling a few weeks back and must be very close to reaching their target depth.

    Things looking good for short and long term gains in this stock.

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Mkt cap ! $7.434M
Open High Low Value Volume
7.5¢ 7.5¢ 7.0¢ $15.23K 206.3K

Buyers (Bids)

No. Vol. Price($)
3 158481 7.0¢

Sellers (Offers)

Price($) Vol. No.
7.4¢ 4574 1
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Last trade - 15.52pm 23/04/2021 (20 minute delay) ?
-0.005 ( 2.67 %)
Open High Low Volume
7.7¢ 7.7¢ 7.7¢ 364
Last updated 10.08am 23/04/2021 (live) ?
RNE (ASX) Chart
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