RLE 0.00% 2.0¢ real energy corporation limited

Stock prices can surprise, but if RLE makes it to 14c, provided...

  1. 5,308 Posts.
    lightbulb Created with Sketch. 156
    Stock prices can surprise, but if RLE makes it to 14c, provided there's no bad news I'd be pretty surprised to see it back down again to the 9's. We are currently a quarter (in round figures) the MC's of GLL and STX and our immediate prospects are looking very exciting.

    I'd be guessing more likely in coming weeks we sale north of the 14c region and re-test back down to that area as the new base. When all is said and done, 14c is still just $42m MC; way less than half the others and still very modest in this context .... But who ever knows?
    Just my own guess if no problems arise …

    Kip
 
watchlist Created with Sketch. Add RLE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.