RNE 6.67% 7.0¢ renu energy limited

in the news

  1. 1,484 Posts.
    lightbulb Created with Sketch. 27
    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.


 
watchlist Created with Sketch. Add RNE (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
-0.005(6.67%)
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
View Market Depth
Last trade - 15.52pm 23/04/2021 (20 minute delay) ?
(live)
Last
7.7¢
  Change
-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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.