RNE 0.00% 0.1¢ renu energy limited

Ann: Appendix 4C - quarterly, page-20

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  1. 367 Posts.
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    I'm not usually one to p#ss on others parades, but Bakman, you questioning others motives has struck a nerve.

    Your positivity towards this stock has me questioning your motives. You upsell consistently whilst shrug off / ignore any negative comments. Are you a paid upramper or somehow affiliated with management? $250 mill of banked losses is not something i attribute to a well run or successful company. Good for you if you can see the positive put of this negative...

    I was a small holder but I got out. I felt the recent asset sales were a necessary fire sale just to keep afloat. I can see another capital raise coming and given the take up of the last CR, I wasn't confident that they would raise enough to keep afloat. I like the direction of the company but new wins are too slow for my liking. For me, it is a real 50 50 call on whether the company can raise enough to keep afloat in the near term whilst it tries to become profitable. For the sake of you all, I hope that it does.

    This aside, I only had a small holding and it wasn't easy getting out. This is an extremely illiquid stock.

    That's it from me on the subject. You wont hear from me again. Good luck to all.
 
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