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hitchcoxg
Dec 20, 2022 8:19 AM

Renergen Bullish Descending Channel. Long

RENERGEN LIMITEDJSE

Description

I am Long Term Bullish on this Stock.
I trust my Study comes true.
Need to be patient.
Enjoy.

Comment

Good news that the first stage Liquid Helium plant is now in production - sees the shares pop nicely.
Patience is pay out. Will start to take 25% around R34.

Comment

Renergen decided to apply for a USA listing to raise needed Capital.
I think the market suspects a rights issue, but this is probably incorrect.
Remember they are soon to be the Worlds top producer of Helium,
and is in huge demand for more than Party Balloons!
HeeHeee
Do your Research, and take the potential up to R400 in the next few years.
Regards Graham.

Comment

Oh Well, I called that incorrectly **??!!
Oops.

Comment

Purchased R1000 more @ R22.50
Will stay Long.
Comments
cplastow
yeah just retail panic, time will be good to this stock LTH
samuelll77
Not too concerned. I'm keen on this stock long term - hoping it becomes the new Sasol
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