RLE 0.00% 2.0¢ real energy corporation limited

In my opinion based on the available facts I would say that the...

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  1. 78 Posts.
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    In my opinion based on the available facts I would say that the SP was intentionally pumped up to achieve a higher 5 day VWAP for the credit raising to allow "mates" in.

    You will notice it is exactly 5 days on increased volume and SP before the TH has been called. The announcement on the 20th was a "nothing" announcement which provided no new information to the market that wasn't previously known but would allow the company to have a "get out" if they got a speeding ticket from the ASX. A company doesnt wake up one morning and go "lets do a 3.5m credit raising because the SP is up for exactly the last 5 days".

    The above is all in my own opinion based on SP performance over the past 5 days, timing of credit raising and announcements released.
 
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