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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Comment by lyctr6on Apr 21, 2021 10:13am
192 Views
Post# 33036446

RE:In my view this offer at 0.35 is too low , need to be 0.50+

RE:In my view this offer at 0.35 is too low , need to be 0.50+They didn't offer .35, they offered .046 of a RECO share. They simply drew an equivalence to Friday's closing numbers when they mentioned .35. They have 30 days to finalize this into a contract and, assuming RECO gets back up into the $10 range then ROE shares will be worth .46.
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