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2.0¢ real energy corporation limited

If anyone wants to sell sub .12 i'll scoop em up.

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happydayz

8,621 Posts.

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26/02/19

12:19

Post #: 37570337
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Originally posted by jakspara: ↑

Agree Kip, only problem is see with the OA's (as a straight out punt) this late in the game is the exit strategy.....IMO you'd need to be willing the convert the majority of your holding, possibly all. No buyer depth and the closer we get to ex. date the more "punters" will be looking to offload IMO. OB's (albeit with a 2c premium to pay) have an attractive time premium which is twofold ie. CGT and potential for much larger gains by their ex. date. Happy to see your punt paying off though and welldone!! I on the other hand decided to pick up another 100k OB's vs 250k OA's as i feel given another 12-18 months the reward will be far far greater and with way less risk attached once revenue is realised. DYOR.

Great to see a new 12 month high today!!! Once the market wakes up to the fact we're sitting at only 20-30% of what our peers are in terms of market capitalization, we may even pop up on the radar.

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If anyone wants to sell sub .12 i'll scoop em up.

RLE Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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