Renergen is a highly promising company which has made acquisitions far quicker than the JSE listing requirements for SPACs. The company has entered into a cutting-edge field and has managed to buy a high-quality, unique asset in Tetra4.
Renergen’s early financial data, covering the 14 month period ending February 2016, indicates that the company has significant capital on hand, and Tetra4 is already churning profits that are likely to increase as production ramps up. Renergen share price jumped after the release of its first financial results, with investors keen to trade the share. Renergen share price has since dropped off slightly on the live online JSE stocks chart, but this should give investors the opportunity to buy them at a bargain price.